EUR 94.9 billion of securitisation was issued in Q4 2009, with approximately 17.0% publicly or privately placed. Issuance in the last quarter of 2009 was less than a third of the issuance in the same quarter of the previous year, however the percentage of deals retained by originators/sellers was 99.8% in Q4 2008. In 2009, approximately 94.0% of all issuance (EUR 414.1 billion) has been retained.

About the Report

The AFME / ESF data report, done in partnership with AFME / ESF, is a quarterly report that consolidates both U.S. and European data for the securitisation markets:

• issuance activity;
• deal sizes;
• outstanding balances;
• rating changes;
• credit spread changes;
• index data;
• ABCP issuance; and
• highlights and commentary.

For more information on AFME’s efforts in the European structured finance sector, please visit AFME.

Credits

AFME / ESF

• Rick Watson
• Marco Angheben
• Anna Zennaro

SIFMA Research

• Kyle Brandon
• Sharon Sung