Size matters in structured notes — so keep them small
The European Investment Bank’s EPOS programme is designed to sell structured notes right across Europe — but is it using a sledgehammer to crack a nut?
The European Investment Bank last week priced its Climate Awareness Bond perhaps the most ambitious structured note transaction ever launched.Designed to be sold simultaneously to retail investors in all 27 EU member states, it offers returns linked to the performance of a specially created equity index, ...
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