Japan Market Review, October 2021: FSA to develop platforms for promotion sustainable finance

There were 105 striking products collecting some JPY191 billion in sales volumes. The highest seller was a Nikkei linked autocallable note that sold JPY14 billion. The product offered a fixed coupon of 2.65% per annum and thereafter a coupon of the same amount if the level of Nikkei is above 80% of its initial level on any quarterly valuation date. It also featured a step down autocall barrier starting from 105% and going down by one percent on each subsequent quarterly valuation date. There we