Crelan targets French banks, CMS success story continues

Crelan has collected €128m with the Natixis (FR) Fixed to Floating CMS linked Coupon 2029 in Belgium. The first emission was a great success, which made us realise that the demand for such products was very high - Koen Theys The bank’s latest product on the constant maturity swap (CMS) rate offers a fixed coupon of 4.10% pa for the first three years of investment. From years four to six, a variable coupon equal to two-times the difference between the 30-year EUR CMS rate and the f