Product snapshot: Crelan turns to AUD via BNP lookback linked to Solactive export index

Crelan is distributing Callable Startlookback Eurozone Exporters AUD 2029 in Belgium. The nine-year, 100% capital-protected medium-term note (MTN) participates 100% in the upside of the Solactive Eurozone Exporters Efficient index , subject to 31 months backend averaging. The note is issued via BNP Paribas, which has the option to call the product – annually, from the end of the second year onwards – for a capital return of 100%, plus a coupon of five percent for each year elapsed.