Two-thirds of discount certificates provided returns of up to 20% pa in Germany during 2024.

More than 82% discount certificates issued to retail investors in Germany generated a positive return in 2024, according to a report commissioned by the German association of structured securities (Bundesverband für Strukturierte Wertpapiere or BSW). More than two-thirds of discount certificates delivered positive returns of up to 20% per annum in 2024 - Christian Vollmuth, BSW The study – conducted on behalf of the BSW by TTMzero in collaboration with the Boerse Stuttgart Group &