Deflating inflation

Cover story


The past two years have witnessed some large inflation-linked structured product issues in Europe. The number of products sold has increased in line with the maturation of the over-the-counter (OTC) inflation derivatives market. And as liquidity has increased, structured product makers have become increasingly eager to use the optionality now available to entice retail investors with new products. In France, the inflation market has developed quickly, and there have also been issues

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