CIBC 03/09/2029 Tower Securities Preference Share – XS2669753761
This structured product is treated as a ‘security’ for ISA qualification purposes. To qualify for ISA inclusion, either the security or the shares in the issuing company need to be listed on a recognised stock exchange or admitted to trading on a recognised stock exchange in the European Economic Area (EEA).
In this case, the security is listed on the Luxembourg Stock Exchange (MTF) so they will qualify for ISA inclusion as they will be listed on a recognised stock exchange.
See links below.
Luxembourg Stock Exchange – CIBC 03/09/2029 Tower Securities Preference Share – XS2669753761 | LuxSE