Luxembourg Stock Exchange Review for November 15: New Instruments from BNP Paribas, Morgan Stanley, and Others

November 15, 2024, was a busy day for the Luxembourg Stock Exchange, with several major issuers listing new financial instruments.

Key Listings of the Day:

• BNP Paribas introduced several bonds and structured products, including: 1) Bonds with a 7% yield maturing in 2036, valued at €30 million. 2)A product linked to the Plurimi US Quality Growth Risk Premia TR USD Index, worth $50 million.
• Morgan Stanley launched a series of products, including bonds tied to the Euro Stoxx 50 Index and ASML Holding, with a total listing value of approximately €2.5 million.
• Société Générale issued bonds worth €30 million linked to a basket of shares, reflecting a continued interest in diversified products.
• Goldman Sachs registered several new instruments linked to indices and equities, including a product tied to the Euronext G Credit Agricole 310523 Decrement Index.
• Bper Banca made a notable entry with a large bond issuance of €1 billion, offering a 1% yield until 2030.
• The Asia Infrastructure Investment Bank (AIIB) listed bonds worth 2 billion Turkish lira, highlighting growing interest in emerging markets.

What Does This Mean for the Market?

The Luxembourg Stock Exchange continues to strengthen its position as one of Europe’s key listing hubs. Today’s listings showcase:

• The active interest of major banks and financial institutions in raising capital through diverse instruments.
• A growing demand for structured products tied to equities, indices, and sectors like technology and energy.
• An increasing volume of listings from emerging markets such as Turkey and South Africa.

Trends and Projections

The total volume of new listings for the day exceeds €2 billion, underscoring sustained interest from international investors. With a focus on sustainable development and asset diversification, the coming months promise to be even more dynamic for the Luxembourg Stock Exchange.