In this week’s wrap, we look at a selection of structured products with strike dates between 16-22 May 2021.

EUROPE Deka Bank issued Express-Zertifikat Relax 08/2027 in Germany. The 6.27-year investment certificate offers a return based on the performance of the MSCI Germany Climate Change ESG Select 4% Decrement Index , which includes large and mid-cap segments of the German equity markets. It redeems early, annually, if the index closes above a predetermined level on the valuation date – starting at 90% for the first year. In that case, it offers 100% capital return, plus a coupon of 1.05% for

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