US July 2022: sales hit two-year low

Some US$5.6 billion was collected from 2,192 structured products with strike dates in the US in July 2022.   Sales volumes were at their lowest levels since July 2020 (when US$5 billion was accumulated from 1,843 products) and 30% below the 12-month average of US$8 billion. Compared to July 2021 products sold 33% less while month-on-month (MoM) figures showed an 18% decline. The last time issuance was this low was November 2020 (1,862 products). Year-on-year (YoY) issuance was down 1