Investors edged further into capital-at-risk products throughout the year with vanilla callable fixed-rate note sales saw a 14% jump.
In December, a total of US$12.6 billion notional amount was booked from 3,888 structured notes registered with the US Securities and Exchange Commission (SEC), up 5.8% year-on-year (YoY), SRP data shows. For the whole of 2025 the notional collected amounted for US$153.9 billion collected from 47,974 , which represents an 8.3% increase year on year as 2024 saw US$142 billion notional collected from around 42,000 issuances. The upward trend in the US market shows that over the last two year