US Q3 2023: sales volume hits new record high

A total of 9,664 SEC-registered structured notes were sold at US$33.2 billion from July to September, a quarterly peak since the launch of the SRP US database in April 2006 . The sales volume is up 12.2% year-on-year (YoY) and up 22.1% quarter-on-quarter (QoQ) . The boost is facilitated by a strong August when the highest monthly sales volume at US$13.4 billion was collected from 2,608 products.     Additionally, overall market issuance also reached a quarterly high following