Predictable income.
Engineered, not improvised.
We design fixed income portfolios and bespoke structured notes with tier-one investment banks — calibrated to your income needs, currency exposure and capital protection thresholds.
A debt instrument with a defined payoff — and a defined boundary for risk.
A structured note is a senior unsecured obligation of an investment bank that pays a contractually defined coupon, linked to the behaviour of an underlying asset — typically an equity index, a basket of blue-chip shares, or a sector benchmark.
Provided the underlying stays above a pre-agreed barrier (commonly 60–70% of its initial level), the note pays its coupon and redeems at par. Velaris negotiates the terms — coupon, barrier, autocall frequency, currency — directly with the issuer on your behalf.
Typically 8–12% per annum, paid in USD or EUR, contingent on barrier conditions.
Capital returned at par at maturity unless the underlying breaches the protection barrier.
Notes redeem early — with full coupon — when the underlying recovers above its initial level on observation dates.
Credit exposure spread across BBVA, Santander, BNP, Morgan Stanley and UBS — never concentrated.
Notes matured in the last quarter.
A representative sample of structured notes issued for Velaris clients that reached maturity or were autocalled in Q3 2026. Past performance is not a guarantee of future results.
| ISIN | Issuer | Underlying | Coupon | Term | Outcome | Client Return |
|---|---|---|---|---|---|---|
| XS3128570739 | BBVA | Dell / NVIDIA / Citi | 10.00% p.a. | 12M | Autocalled | +10.0% |
| XS3309987413 | BNP Paribas | TSMC / Chevron / AngloGold Ashanti | 12.00% p.a. | 6M | Autocalled | +6.0% |
| XS3287560646 | BBVA | Freeport-McMoRan / Glencore / Barrick | 12.00% p.a. | 6M | Autocalled | +6.0% |
| XS3184608845 | BBVA | AMD / Amazon / Microsoft | 9.50% p.a. | 9M | Autocalled | +7.13% |
| XS3156547005 | Goldman Sachs | Amazon / Shopify / Microsoft | 8.63% p.a. | 12M | Autocalled | +8.63% |
| XS3067076805 | BBVA | Kospi 200 / S&P 500 / Swiss Market / ASX 200 | 8.45% p.a. | 12M | Autocalled | +8.45% |
| XS2663318868 | BBVA | Tesla / Amazon / Meta | 10.00% p.a. | 18M | Autocalled | +15.0% |
| XS3080765715 | Santander | EuroStoxx 50 / Nikkei 225 / Swiss Market | 10.00% p.a. | 12M | Autocalled | +10.0% |
| XS2802406210 | BBVA | EuroStoxx 50 / Nikkei 225 / Swiss Market | 6.45% p.a. | 24M | Autocalled | +12.90% |
| XS2792932746 | BNP Paribas | Nikkei 225 / S&P 500 / EuroStoxx 50 | — | 24M | Autocalled | +12.8% |
Notes structured and issued by tier-one institutions.
Build your personal fixed income strategy in 60 seconds.
Answer five questions and receive an indicative structured-note blueprint — barrier, coupon range, issuer mix and expected annual income.
Your fixed income allocation
Indicative figures based on prevailing market conditions. The full blueprint we email includes term sheets, scenario analysis and the issuer credit overview — followed by a complimentary call.