Five hundred and two structured products worth an estimated CNY263.2 billion (US$38.8 billion) were added to SRP China database in September.
Some 539 structured products with an estimated value of CNY283.3billion had strike dates during the month. A further 586 structures matured, releasing approximately CNY271.8 billion back onto the market for reinvestment. Eighty-six percent of the maturing products had a tenor of less than one year; another 13% lasted between one and three years; and three structures (issued by Citibank) had tenors as long as five years. In the first nine months of 2022, a total of 4,816 products with an aggre
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