BBVA launched its first-ever sustainable structured note. The product is targeted at retail investors in Spain and requires a minimum investment of €20k.
Ninety-five percent of the capital is invested in an income account which expires within one year and pays a coupon of 0.8%. The remaining five percent is placed in a three-year growth account linked to a basket of three shares from the Dow Jones Sustainability Europe Index: Inditex, Siemens and Axa. The issuance of ‘green’ or sustainable products by BBVA is now possible thanks to its sustainable transaction banking framework which offers a range of sustainable solutions. Th
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