Canada Market Review, May 2020: Record low PPN issuance and record high contingent coupons

Issuance in the same month last year was around 320. The average monthly issuance for the past 12 months was 346. Seventy-eight products matured this month releasing C$366 million back onto the market. The total number of growth notes stood at 112; income notes registered at 144. Excludes: Private Banking, Leverage, Flow & Others © Copyright StructuredRetailProducts.com 2020 May saw 19 different payoff structures. The most popular structures continue to be a combination of the d