Taiwan Market Review, May 2022: 34% drop in issuance

Products issuance fell by almost 34% month-on-month (MoM) . A similar trend was seen year-to-date, with 30% less product issued in Jan-May 2022 compared to the prior year period . Some 1,933 matured during the last month, releasing TWD184 billion (US$5 billion ) back onto the market for reinvestment. Distributors Thirty distributors were active in May. The top four distributors represent 43% of released products and have an estimated 41% market share. DBS Bank remained the number one provid