Barclays Capital expects total issuance volume for European securitization to remain more or less the same in 2013 from this year, although the mix is likely to change, analysts from the bank said in a report released Monday.
They forecast about €50 billion in publicly placed volumes next year, from the €52 billion forecast for the full 2012. So far this year the figure has totaled €48.7 billion.
An expected drop in U.K. prime RMBS issuance — which has recently been a cornerstone of activity (see chart below this article) — should be offset by a rise in other sectors.
The Bank of England’s
The analysts point out that these predications will naturally be shaped by the outcome of regulatory developments as well as by the vicissitudes of the Eurozone crisis.