DBS continues to lead as the largest issuer by number of issuances during the quarter, followed by UBS and HSBC.
Taiwan’s structured note issuances soared 84% year-on-year to over 21,400 products in the first quarter of the year, SRP data shows. The latest figure on issuance reflects a 18.5% pullback from the prior quarter’s high of over 26,300 issuances. Taiwan: number of structured note issuances by quarter Source: SRP Underlyings, payoffs Equity basket structures accounted for 93% of the total issuances, or 20,009 products , in the three months ending March, almost doubling from the pr