The Norwegian market started the year slightly slower than 2017 ended. Twenty-four structured products worth NOK268m (€27.8m) were added to the SRP Norway database, down 17% in issuance and 51% in sales quarter-on-quarter. The average sales volume has fallen from NOK20.5m to NOK11.8m - the lowest average since 2010. Includes: Private Banking - Excludes: Leverage, Flow & Others © Copyright StructuredRetailProducts.com 2018 The average capital return of the 10 maturing products was 9

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