SRP data shows that the market share of callable structures in the US has increased by 250% since 2021 when 268 callable structures worth US$4.6 billion (4.4% market share) were launched in the US market.

The callable structure as a sole payoff type is on track to match last year’s issuance and sales with 318 products worth US$3.7 billion marketed YTD which represents a market share of 13.8% - the callable structure has also been used this year in combination with barrier rev convs (1,294 products worth US$4bn) and accrual and range (six products / US$32.9m) and spread (14 products/US$14.1m). In 2022, there were 922 callable products issued in the US market worth US$17.1bn which represents