The autocallable bond logged 34% gain against 11.11% delivered by its benchmark index.

Hedios’ H Performance 59 has autocalled at the first opportunity. The product first struck on 5 November when the underlying index quoted at 695.71 basis points The 12-year product, which sold €11m (US$12.8m) during subscription, delivered a 34% gain in just one year, while its benchmark index increased by only 11.11% over the same period. The bond, which was issued on the paper of Crédit Mutuel Arkéa, tracked the Euro iStoxx 50 Equal Weight NR Decrement 5%, which i