Canada Market Review, June 2020: Scotiabank, CIBC and NBC opt out of PPNs & Desjardins increased output.

Issuance in the same month last year was 422. Some 133 products matured this month releasing C$1.35 billion back onto the market. The total number of growth notes was 84 and income notes registered at 173. The ratio between issuance of capital-at-risk and capital-protected products is 2.31:1 compared to 4:1 in May. However, when an on month for Desjardins applies, the ratio significantly changes since all their products are capital-protected. Excludes: Private Banking, Leverage, Flow & O