In part one of our Q2 2026 review of the European structured products market, we look at the evolution of sales, markets, asset classes, payoffs and investment terms.
Total sales reached US$95.9 billion in Q2 2026, representing a 7.9% increase year-on-year (YoY) compared with US$88.8 billion in the prior year quarter. Excluding Switzerland, the aggregate sales were virtually flat at approximately US$51.6 billion in Q2 2025 versus US$51.8 billion in Q2 2026. The reason is that the coverage of Swiss interest rate-linked products was expanded incrementally in Q2 2026. Product issuance remained broadly stable. Some 134,957 products were launched during the quar