Mizuho hits US$200m jackpot with Turkish lira play

Charlotte Olesen, 18 October 2017

The best-selling product globally during September was sold in Japan by Mizuho Securities and raised a whopping JPY22.95bn (US$204m), in a market where the average ticket size is $14.7m, making up more than 25% of Mizuho Securities' $747m of sales this year. The five-year product (デジタル債/Digital TRY/JPY) is the ninth best seller in the Asia-Pacific region, and the sixth best seller and the most successful foreign exchange-linked product in Japan this year.

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