Issuance of interest rate-linked structured product in Emea increased during the first eight months of 2026, with sales reaching US$42.1 billion, up 10% from US$38.3 billion in January-August 2025, according to SRP data.
The increase in volumes was accompanied by a much sharper rise in product activity: the number of products recorded increased from approximately 3,500 to almost 6,500. SRP data shows not only greater demand for rates exposure, but changes in how that exposure is structured The growth has been driven by notable change in the market mix with exotic structures (digitals, range accruals, steepeners, autocalls, digital/floaters, hybrid floaters) overtaking vanilla callable fixed rate notes and fl