AFME is pleased to circulate the European Securitisation Data Snapshot for Q3 2020.

Key highlights:

Q3 2020 European Issuance

• In Q3 2020, EUR 39.8 bn of securitised product was issued in Europe, a decrease of 19.1% from Q2 2020 (EUR 49.2 bn) and a decrease of 1.5% from Q3 2019 (EUR 40.4 bn)

• Of this, EUR  18.8 bn was placed, representing 47.2% of the total, compared to EUR 14.1 bn placed in Q2 2020 (representing 28.7% of EUR 49.2 bn) and EUR 31.1 bn placed in Q3 2019 (representing 77.0% of EUR 40.4 bn)

• In Q3 2020, UK RMBS led placed totals, followed by Pan-European CLOs and French RMBS.
  • UK RMBS increased from EUR 0.8 bn in Q2 2020 to EUR 6.4 bn in Q3 2020
  • Pan-European CLOs increased from EUR 4.3 bn in Q2 2020 to EUR 5.0 bn in Q3 2020
  • French RMBS increased from zero in Q2 2020 to EUR 1.6 bn in Q3 2020