27 Apr 2016

Securitisation Data Snapshot: European Structured Finance - Q1 2016

In Q1 2016, EUR 56.9 billion of securitised product was issued in Europe1, a decrease of 20.3% from Q4 2015 (EUR 71.4 bn) and a significant increase of 61.2% from Q1 2015 (EUR 35.3 bn)2

Of this, EUR 14.3 billion was placed, representing 25.1%, compared to EUR 15.6 billion placed in Q4 2015 (representing 21.8% of 71.4 EUR bn) and EUR 19.7 billion placed in Q1 2015 (representing 55.8% of 35.3 EUR bn)

In Q1 2016, UK RMBS led placed totals followed by Pan European CLOs and Dutch RMBS:

  • UK RMBS decreased from 6.1 EUR bn in Q4 2015 to 5.8 EUR bn in Q1 2016;
  • Pan European CLOs decreased from 3.5 EUR bn in Q4 2015 to 2.6 EUR bn in Q1 2016;
  • Dutch RMBS increased from 0.6 EUR bn in Q4 2015 to 1.8 EUR bn in Q1 2016.
  • Values