The UK bank has entered the top five issuer league table with an almost doubled monthly sales.
In November, a total of US$12.4 billion notional was traded from 3,576 structured notes registered with the US Securities and Exchange Commission (SEC), up 7.8% from October, or a 53.1% leap year-on-year (YoY), SRP data shows. As a result, the first 11 months of the year saw US$129.7 billion notional booked from north of 39,000 issuances, representing US$3.3m per issuance on average. That translates to a 40.1% rise YoY when US$92.5 billion was amassed from around 31,000 issuances. The market h