Austrian investors turn to interest rate structures

Some €2 billion was invested in structured interest rate products by Austrian investors at the end of July 2022 – up €129.2m, or 6.8%, compared to the previous month (June 2022: €1.9 billion). The increase in open interest in interest rate products, the first rise in years, led to a 4.8% increase in the total market volume for certificates, according to latest figures from the Austrian certificate association ( Zertifikate Forum Austria or ZFA). All major categories of in