A strong first quarter has propelled the US bank’s SEC-registered structured note sales to a quarterly record.
GS Finance, the issuance entity of Goldman Sachs, has closed the first quarter of 2024 with a record high traded notional at US$4.2 billion across 1,157 structured notes registered with the US Securities and Exchange Commission (SEC), according to SRP data. The amount more than doubles year-on-year (YoY) with an increase of 13.7% higher quarter-over-quarter (QoQ) as single stocks, index baskets and commodity underliers registered growth on the bank's structured products offering. Sales surpasse