Single-index underlyings remained a key component of the Europe/MEA structured products market in 2026 year-to-date, with issuance continuing to grow and a clear shift in composition toward decrement-based structures within the single-index space.

Single-index underlyings remained a sizeable component of the European structured products market in 2026 year-to-date (YTD), showing both continued issuance momentum and a further reweighting within the single-index universe. As a share of total sales volumes in Europe, single index-linked products accounted for 23.6% in 2026 YTD, up from 21.6% in 2025 and 21% in 2024 Sales of structured products linked to single indices reached US$22 billion for the current year. This compares with US$74.9