There were 124 structured products, including flow but excluding private banking and leverage, added to SRP’s Japan database during January.

Compared to the same month in 2020, it translates into a 17% decrease in issuance and seven percent increase in sales volumes. Eighty-four products struck in January, collecting some JPY245 billion (US$2.3 billion) in sales – this is JPY2 billion less than January 2019 and 25% less than last month in terms of issuance. Sales volumes were also down from December 2020, by JPY77 billion. Capital release was JPY272 billion from 105 products that matured throughout the month. Includes: Flow & O