In the third and final part of the analysis of the French structured product market, SRP sheds light on the knock-in levels used in the market in 2024.
In this article we look at the protection barriers offered by structured products in France during 2024 to provide insight into the capital risk proximity and how products behaved in relation to their knock-in barrier and the chances of products incurring in capital loss at maturity and how sensitive they are to market declines. The chart below offers a plotting of the knock-in (KI) barrier levels of live structured products at the market’s lowest point last year (9 April 2024). It visual