AFME is pleased to circulate the European Securitisation Data Snapshot for Q3 2025.
Key highlights:
Q3 2025 European Issuance
- In Q3 2025, €48.3bn of securitised product was issued in Europe, a decrease of 38.8% from Q2 2025 (€78.9bn) and an increase of 1.0% from Q3 2024 (€47.8bn).
- Of this, €41.4bn was placed, representing 85.6% of the total, compared to €39.1bn placed in Q2 2025 (representing 49.5% of €78.9bn) and €35.4bn placed in Q3 2024 (representing 74.0% of €47.8bn).
- In Q3 2025, Pan-European CLOs led placed totals, followed by UK RMBS and German Auto ABS:
- Pan-European CLOs increased from €12.3bn in Q2 2025 to €16.4bn in Q3 2025;
- UK RMBS increased from €5.3bn in Q2 2025 to €6.5bn in Q3 2025; and
- German Auto ABS decreased from €5.5bn in Q2 2025 to €3.6bn in Q3 2025.
