Taiwan Market Review, May 2023: issuance up 19% YoY, Cacib bags SRP award

Product issuance increased almost 23% compared to the previous month. Some 7,906 products were issued between 1 January and 31 May 2023, up 19% year-on-year (YoY). Maturing products increased by 10% month-on-month (MoM). However, they almost halved in Jan-May 2023 compared to the prior year period. Distributors Thirty-four distributors were active in May. The top four marketed 952 notes, representing 50.9% of all issued products combined. DBS Bank launched 514 notes in May, an increase of 1