Some 5,346 structured products worth THB25 billion ($0.7 billion) were introduced in Thailand during the third quarter of 2023.
Product issuance increased to 5,346 notes, up 35% compared to the previous quarter. Issued notes in Q3 sold THB5 billion (total: THB25 billion) more in than in Q2. Year-on-year (YoY) issuance decreased by 28% and sales volumes were down 35%. The reduction was mostly attributed to InnovestX Securities and Kiatnakin Phatra Securities. The former released 4,500 fewer notes, while the latter registered a 600 decline in the total number of issued products. Some 6,906 notes had maturity dates in Q3
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