Interest rate-linked structured products continue to play a key role in Europe, though with different regional preferences.
In this analysis, we focus specifically on Europe excluding Switzerland, as Swiss activity in this segment remains marginal, representing just 1.4% of the Swiss market in Q1 2025, compared to 23% in the rest of Europe. Europe: evolution interest-rates linked products – sales volumes and market share* *Excluding Switzerland Source: SRP Over the past five quarters, sales volumes for interest-rate linked products across Europe ex-Switzerland ranged from US$6.1 billion to US$15.2 billion &