AFME is pleased to circulate the European Securitisation Data Snapshot for Q1 2024.

Key highlights:

Q1 2024 European Issuance

• In Q1 2024, EUR 60.7 bn of securitised product was issued in Europe,¹ an increase of 43.8% from Q4 2023 (EUR 42.2bn) and an increase of 69.2% from Q1 2023 (EUR 35.9bn).²
• Of this, EUR 33.3 bn was placed, representing 54.9% of the total, compared to EUR 28.4bn placed in Q4 2023 (representing 67.3% of EUR 42.2bn) and EUR 19.9bn placed in Q1 2023 (representing 55.4% of EUR 35.9bn).
• In Q1 2024 Pan European CLOs led placed totals, followed by UK RMBS and German Auto ABS.³
  • Pan European CLOs increased from EUR 7.9bn in Q4 2023 to EUR 11.6bn in Q1 2024.
  • UK RMBS increased from EUR 5.4bn in Q4 2023 to EUR 9.2bn in Q1 2024.
  • German Auto ABS increased from EUR 2.7bn in Q4 2023 to EUR 3.1bn in Q1 2024.