Interest rate-linked structured notes have caught up with historically popular single stock structures in the Thai market.
Sales of structured notes in Thailand edged up three percent to THB31.9 billion (US$957m) in the first quarter of the year compared to the prior year, SRP data shows. The latest volumes also reflected a 6.3% increase compared to the previous quarter ( Q4 2024: THB30 billion ). However, the issuances during the January-March period were down to 2,586 product issuances, down from some 6,318 seen a year ago and 5,121 compared to the previous quarter. Thailand: structured notes issuance and sales