One hundred and fifty-four structured products (including flow, but excluding private banking and leverage), with total sales of JPY432 billion (US$3.9m), were added to the Japanese database in July. Sales volumes were twice as high compared to June when 120 products worth JPY218 billion were added. An estimated JPY192 billion was collected from 119 products which struck during the course of the month. Ninety-seven products matured throughout July, releasing JPY340 billion for reinvestment back

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