BNP Paribas launched a range of autocall structured products on June 10 via its new partnership with specialist marketing company Sip Nordic, which has made the French bank its ‘preferred provider'. Two are based on the FTSE 100, and the third uses the three top shares of the UK benchmark index as the underlying.
The first product is a FTSE Autocall Plan, with a maximum term of six years and two weeks, and a barrier of 50%. The FTSE Step Down Autocall Plan has the same maximum term, and provides
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