Products linked to fixed income underlyings captured 75% market share in Q1 2025.

Twenty-five publicly offered structured products collected an estimated €588m (US$668m) in the first quarter of 2025. Sales were down 72% from an exceptional high Q4 2024 when €2.1 billion was gathered, also from 25 products ; year-on-year (YoY) volumes fell by 39% (Q1 2024: €947m from 20 products ). Belgium: sales & issuance by quarter* *Excluding flow products Source: SRP Some 59 products that sold an estimated €1.4 billion at inception reached their maturity duri