The Canadian bank has reeled back on its structured product issuance in the first quarter of 2021.
Canada’s Desjardins has seen its issuance of structured products decrease during the first half of 2021 - with 71 products compared to 109 in the previous quarter and 129 in the same period a year prior. The bank’s issuance followed an erratic pattern during 2020 with product totals crashing to 117 and 57 in the second and third quarter, respectively. The bank’s issuance spread among underlying sectors has also diminished in Q1 21 with fewer structured products being tied to
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