# Winner: Dynamo

$50 million tap of series II of BNP Paribas’ Dynamo deal in April brought the total size of the transaction to a remarkable$900 million, making it the largest CPPI product on the market, and our Deal of the Month for this issue. Dynamo takes credit CPPI – constant proportion portfolio insurance – to another level by enabling the manager to adjust the degree of leverage of the portfolio. Hence the title: dynamic proportion portfolio notes.

Demand for the notes has been steadily increasing since

#### 7 days in 60 seconds

###### VM change, Libor fallback and DTCC blockchain

The week on Risk.net, November 10-16, 2017