Belgium Market Review, July 2021: volumes drop by 67% YoY

The new offerings were worth an estimated €94m, down 14% on sales in June 2021. Some 86 structured products with combined sales of €792m have struck in Belgium between 1 January and 31 July 2021, down 37% in issuance and 67% in sales volume from the same period last year. Thirty-two products matured, releasing approximately €500m back on to the market for reinvestment. Of these, Belfius Financing Company (LU) Optimal Performance 7 achieved the highest return. The medium-term note (MTN), which