AFME is pleased to circulate the European Securitisation Data Snapshot for Q1 2022

Key highlights:

Q1 2022 European Issuance

• In Q1 2022, EUR 64.3 bn of securitised product was issued in Europe, a decrease of 35.8% from Q4 2021 (EUR 100.2 bn) and an increase of 31.6% from Q1 2021 (EUR 48.9 bn).
• Of this, EUR 33.1 bn was placed, representing 51.5% of the total, compared to EUR 46.8 bn placed in Q4 2021 (representing 46.7% of EUR 100.2 bn) and EUR 30.0 bn placed in Q1 2021 (representing 61.3% of EUR 48.9 bn).
• In Q1 2022, UK RMBS led placed totals, followed by Pan-European CLOs and German Auto ABS:
  • UK RMBS increased from EUR 4.9 bn in Q4 2021 to EUR 14.1 bn in Q1 2022;
  • Pan-European CLOs decreased from EUR 20.2 bn in Q4 2021 to EUR 10.2 bn in Q1 2022; and
  • German Auto ABS decreased from EUR 2.7 bn in Q4 2021 to EUR 1.7 bn in Q1 2022.