STRUCTURED PRODUCTS CORP
8-K, 2000-10-05
ASSET-BACKED SECURITIES
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                         ------------------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE

                         SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 1, 2000

Structured Products Corp. on behalf of

          TIERS  Corporate  Bond-Backed  Certificates  Trust  IBM  1997-4
            TIERS Corporate Bond-Backed Certificates Trust BLS 1997-6
           TIERS Corporate Bond-Backed Certificates Trust APA 1997-8
           TIERS Corporate Bond-Backed Certificates Trust JPM 1998-2
            TIERS Corporate Bond-Backed Certificates Trust MOT 1998-5
                    TIERS TENS Certificates Trust LTR 1998-4
             TIERS Corporate Bond-Backed Certificates Trust C 1998-6
        TIERS Corporate Bond-Backed Certificates Trust JC Penney 1999-1
    CorTS Trust for J.C. Penney Debentures, Corporate-Backed Trust Securities
     CorTS Trust for BellSouth Debentures, Corporate-Backed Trust Securities
    CorTS Trust for Xerox Capital Trust I, Corporate-Backed Trust Securities
                CorTS Trust for Southern Company Capital Trust I,
                        Corporate-Backed Trust Securities
    CorTS Trust for Countrywide Capital I , Corporate Backed Trust Securities
      GINsK Principal-Protected Trust Certificates, Series Yen Bear 1999-1

(Exact name of registrant as specified in its charter)

        Delaware                    33-55860/            13-3692801
        --------                    ---------            ----------
                                    33-357357
                                    ---------
        (State or other             (Commission          (IRS Employer
        jurisdiction of             File Number)         Identification
        incorporation or                                 Number)
        organization)

390 Greenwich Street, New York, New York                          10013
------------------------------------------------------------------------
(Address of principal executive offices)                      (Zip Code)

Registrant's telephone number including area code (212) 783-6645.
    Room 33-130, 33rd Floor, Seven World Trade Center, New York, New York 10048
    ---------------------------------------------------------------------------
            (Former name or former address, if changed since last report)



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<PAGE>





Item 1.     Changes in Control of Registrant.

            Not Applicable.

Item 2.     Acquisition or Disposition of Assets.

            Not Applicable.
Item 3.     Bankruptcy or Receivership.

            Not Applicable.

Item 4.     Changes in Registrant's Certifying Accountant.

            Not Applicable.
Item 5.     Other Events.


Item 6.     Resignations of Registrant's Directors.

            Not Applicable.

Item 7.     Financial   Statements,   Pro-Forma   Financial   Information  and
Exhibits.

            (a)  Not Applicable.

            (b)  Not Applicable.

            (c)  Exhibits.

                 Trustee's Report with respect to the October 1, 2000
                 Distribution  Date for the Tiers Corporate Bond-Backed
                 Certificates Series MOT 1998-5

                 No reports required for the other series listed.

            Not Applicable.




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<PAGE>








                                   SIGNATURES

            Pursuant to the requirements of the Securities Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.




                                       By:--------------------------------
                                       Name:   Timothy P. Beaulac
                                       Title:  President and Finance Officer


October 1, 2000




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