Green Bond, an investment with naturally protected capital…
… which supports the development of efficient energy housing in Luxembourg.
Investing in our new Green Bond helps support sustainable housing development in Luxembourg as all the amounts invested will be allocated exclusively to the financing of energy-efficient residential housing in the Grand Duchy.
The BIL Green Bond is a 5 Year investment, where you can benefit from rising interest rates.
This investment product is 100% capital protected at maturity by BIL SA.
Every 3 months, you receive a coupon equal to the 3 Month Euribor Rate*, floored at 1.75% p.a. and capped at 3.50% p.a., (gross of fees, taxes and duties). Thus the minimum coupon you can receive each period is 1.75% and the maximum is 3.50%, (gross of fees, taxes and duties).
At maturity, you redeem 100% of the invested nominal.
*Note that the 3 Month Euribor Rate used to determine the coupon for each quarter is observed 2 business days before the applicable coupon period.
Issuer | BIL S.A. |
Tenor | 5 Years |
Currency | EUR |
Issue Date | XX/XX/2022 |
Maturity Date | XX/XX/2022 |
Issue Price | 100% |
Minimum Investment | EUR 1.000 |
Denomination | EUR 1.000 |
Coupon p.a., (gross of fees, taxes and duties) | 3M Euribor, floored at 1.75% and capped at 3.50% |
Coupon Frequency | Quarterly |
Capital Protection | 100% at maturity only |
The capital protection only applies at maturity and the investor could receive less 100% of the invested nominal if the product is sold beforehand.
You are exposed to the credit risk of BIL SA as the product issuer.
Subscription fees may apply when investing in this product and exit fees may be applicable if you exit the product early. The information in this document should be read in conjunction with the product termsheet and/or KID before investing in this product.