The French bank expects issuance linked to its proprietary indices to exceed $13bn in 2026, with multi-asset and low-volatility strategies benefiting from demand for diversification and capital-protected structured products.
BNP Paribas ranked fifth in the US structured products market in August , selling 772 unregistered notes. The French bank has held its position as the highest-ranked non-US issuer in the top five since July, having overtaken J.P. Morgan in May with US $2.2 billion in sales to climb to second place in the league table. Since the start of 2026, BNP Paribas has consistently competed for this position. The bank is also seeing growth in proprietary index strategies, with issuance across the s