Q3 2022 European Issuance
- In Q3 2022, EUR 38.8 bn of securitised product was issued in Europe,1 an increase of 12.4% from Q2 2022 (EUR 34.5 bn) and a decrease of 18.4% from Q3 2021 (EUR 47.6 bn).2
- Of this, EUR 18.5 bn was placed, representing 47.5% of the total, compared to EUR 16.4 bn placed in Q2 2022 (representing 47.4% of EUR 34.5 bn) and EUR 23.1 bn placed in Q3 2021 (representing 48.5% of EUR 47.6 bn).
- In Q3 2022, Pan-European CLOs led placed totals, followed by UK RMBS and German Auto ABS:3
- Pan-European CLOs increased from EUR 4.0 bn in Q2 2022 to EUR 6.4 bn in Q3 2022;
- UK RMBS increased from EUR 3.1 bn in Q2 2022 to EUR 5.1 bn in Q3 2022; and
- German Auto ABS increased from EUR 1.5 bn in Q2 2022 to EUR 1.9 bn in Q3 2022.