Product wrap: Amundi tracks Euribor rate in France

EUROPE Amundi Finance Emissions , a member of Europe’s largest asset manager Amundi , issued the CA Oblig Euribor (Septembre 2023) to retail investors in France this week. The two-year medium-term note is linked to the three-month Euribor rate – the major gauge of unsecured bank-to-bank lending in the eurozone and sits at 3.994% as of 15 November – which resurfaced in the French market since September. The income product offers a coupon equal to the reference rate on the spec