Mitsubishi leads Japan's increase in structured bond sales
The top Japanese providers of structured products have reported sizable increases in activity which has resulted in an overall increase in total net estimated sales of over 105% on a quarterly basis and by 41% on an annual basis, according to SRP data. In the second quarter of 2017, Mitsubishi UFJ saw its net sales increase by 523% compared to the previous quarter and by 48% compared to the same period last year. The net sales of Shensei Bank and of Daiwa Securities increased by 221% and 66% quarter-on-quarter, respectively. Tokai Tokyo Financial Holdings faced a decline of 37% in net sales compared to the previous period.
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