The German market cool down in Q2 of 2024 after posting record levels during the previous quarter, as investors anticipated and later reacted to the consequences of the European Central Bank’s decision to cut interest rates.
As of the end of Q2, an estimated €4.71 billion (US$5.08mm) was collected from newly issued products in the German market, according to SRP data. Sales were down 15% quarter-on-quarter (QoQ) but were still up nearly 40% year-on-year (YoY), as the market may have slowed down from its peak in Q1 of 2024, but still remains at historically high levels. Germany: sales & issuance by quarter* Twenty-three different distributors were active in the quarter. Landesbank Baden-Württemberg
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