Belgium Q2 2023: sales up 320% YoY, shorter maturities emerge

An estimated €1.1 billion was collected from 20 publicly offered structured products in the second quarter of 2023 – a 3.2-fold increase by sales volume compared to the prior year quarter (Q2 2022: €250m from 23 products). However, according to SRP data, sales were down 40% from the previous quarter when €1.8 billion was collected from 27 products – the highest level for a single quarter since Q1 2015 (€2.2 billion from 82 products). Seven issuer groups were ac