AFME is pleased to circulate the European Securitisation Data Snapshot for Q4 2021 and 2021 Full Year.

Key highlights:

Q4 2021 European Issuance

• In Q4 2021, EUR 100.2 bn of securitised product was issued in Europe , an increase of 110.5% from Q3 2021 (EUR 47.6 bn) and an increase of 55.8% from Q4 2020 (EUR 64.3 bn)
• Of this, EUR 46.8 bn was placed, representing 46.7% of the total, compared to EUR 23.1 bn placed in Q3 2021 (representing 48.5% of EUR 47.6 bn) and EUR 21.0 bn placed in Q4 2020 (representing 32.7% of EUR 64.3 bn)
• In Q4 2021, Pan-European CLOs led placed totals, followed by UK RMBS and German Auto ABS.
  • Pan-European CLOs increased from EUR 8.8 bn in Q3 2021 to EUR 4.9 bn in Q4 2021
  • Pan-European CLOs increased from EUR 8.8 bn in Q3 2021 to EUR 4.9 bn in Q4 2021
  • German Auto ABS increased from EUR 1.0 bn in Q3 2021 to EUR 2.7 bn in Q4 2021

2021 Full Year European Issuance

• In 2021, EUR 233.1 bn of securitised product was issued in Europe, an increase of 17.6% from the EUR 198.2 bn issued in 2020
• Of this, EUR 126.0 bn was placed, representing 54.1% of the total, compared to EUR 81.8 bn placed in 2020 representing 41.3% of the total
• In 2021, PanEuropean CLOs led placed totals (EUR 43.7 bn) followed by UK RMBS (EUR 26.0 bn) and German Auto ABS (EUR 7.7bn)