Sales volumes have grown year on year as investors increasingly demand bespoke offerings with a sustainability component.

Nomura has entered a small group of banks that offer green structured notes in the private placement space. We have seen renewed demand for structured products to eke out more competitive returns, leading to a record year in 2024 -  Natalia Cermeno The Japanese bank noted that the market for green structured notes is growing in depth and sophistication with new entrants and a broader variety of structures. According to Natalia Cermeno (right) , co-head of structuring Emea at Nomu