The US registered note market has seen another robust month where three out of the top five best-selling products were issued by Canadian banks in partnership with BofA.
In April, 3,951 structured notes registered with the US Securities and Exchange Commission (SEC) were launched with combined traded notional of US$11.9 billion, up 6.1% year-on-year (YoY) or down 0.9% month-on-month (MoM), according to SRP data. The month closed on the heels of a record March boosted by two mega cash-settled equity notes worth US$700m on the paper of J.P. Morgan. Issuers, distributors New issuance amounted to 294 structured notes offered under the Section 3(a)(2) of the Secu
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