4Y Range Accrual in EUR structured product

Potential for an additional amount every 3 months

The 4Y Range Accrual in EUR structured product has a 2.10% annual return, provided the predefined condition is met.

Specifically, the additional amount arising from the investment return is:

• Paid every 3 months.
  
• Calculated only for the days of every interest-bearing period during which the reference interest rate stayed range-bound. 

Interest rate ranges

The reference interest rate is Euribor 3M.

For an additional amount to be paid, Euribor 3Μ must stay within the following ranges:

• Year 1 – 0.50%-3.00%
  
• Years 2, 3, 4 – 1.50%-3.50%

Structured product

4Y Range Accrual in EUR is a debt instrument governed by Italian Law.

It is a structured investment product that combines bond and derivatives features. That is, it offers return provided specific conditions are met.

Return and risk

The product focuses on capital protection. 

It is addressed to investors with a medium-term investment horizon who are looking for a product that generates income.