Key highlights:

• In Q1 2017, EUR 36.7 billion of securitised product was issued in Europe, a decrease of 38.8% from Q4 2016 (EUR 60.0 bn) and a decrease of 35.6% from Q1 2016 (EUR 57.0 bn)

• Of this, EUR 16.3 billion was placed, representing 44.4%, compared to EUR 31.2 billion placed in Q4 2016 (representing 52.0% of 60.0 EUR bn) and EUR 14.5 billion placed in Q1 2016 (representing 25.4% of 57.0 EUR bn)