The EuroTLX-listed product delivers monthly conditional income and a maturity-based barrier.

Banque Internationale à Luxembourg (BIL) has introduced its first investment certificate for Italian investors in collaboration with Leonteq – the new product is listed on EuroTLX. The  Express Certificate ( LU3338796462) is linked to the share of UniCredit and offers a monthly coupon of one percent (12% pa) if the underlying remains at or above 60% of its initial level on any monthly valuation date. The product includes a memory feature, allowing missed coupons to be paid la