One hundred and thirty-two structured products (including flow products and excluding private banking and leverage products) with an estimated volume of JPY225bn (US$1.99m), were added to the SRP Japan database in December. Activity was relatively low compared to November, when both issuance, at 152 products, and sales, at JPY407bn, were significantly higher. One hundred and sixty-six products struck in December. The combined sales volumes of the striking products was JPY405bn. One hundred and

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