Another good month for autocalls as the AFM gets tough on turbos.
Fourteen structured products targeted at the primary market had strike dates in the Netherlands in June. Fifteen products matured while nine products were subject to early redemption, paying annualised returns of between 2.96% and 5.50%. There were also 2,758 listed turbo certificates added to the SRP Netherlands database during the month. The Authority for the Financial Markets (AFM) announced new restrictions on the offering of turbos to Dutch retail investors . From 1 October 2021, there w
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