Some 8,094 structured notes worth THB31 billion ($889 million) had strike dates during the first quarter of 2022.

Sales volumes were up 63% quarter-on-quarter (QoQ) while issuance increased by 29.9%. These positive trends were also seen in the year-on-year (YoY) market data with product issuance more than tripling compared to Q1 2021.   More than 4,100 products matured during the quarter, releasing THB23 billion back onto the market for reinvestment. Distributors There were 17 active distributors in Thailand during the first quarter of the year. The top four providers marketed 93% of all products a