Swedbank and LFG note tackles credit concentration risk

Swedbank and LFG note tackles credit concentration risk

Offering protection in Sweden

Swedbank and Luxembourg Financial Group (LFG) have produced a protected note that embraces the idea of a secured issuer. The Spax Europe Trygghet bonds have raised Skr320 million (€37 million) and represent the first time that a listed secured structured note has been passported from Luxembourg and listed on OMX-Nasdaq for public distribution in Sweden.

"Many structured products distributors have been struggling for a long time with credit concentration risks in the portfolios of their clients

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: