European securitisation issuance reached €125.7 billion in the first quarter of 2007, a record for a first quarter and more than double total issuance for the same period in 2006. The data comes from the European Securitisation Forum (ESF).
The figure for the fourth quarter last year was €169.7 billion, another record. The fourth quarter is the busiest time of the year for securitisation, according to the forum.
“European securitisation is on track to surpass the full-year issuance record of €440