Issuance in the European securitisation market set a record for the sixth straight year in 2004, growing 12.1% to €243.6 billion from €217.1 billion in 2003, according to a report released today by the European Securitisation Forum. Fourth quarter issuance volume rose 42.1% to €75.6 billion from the third quarter, and declined 8.3% from a year ago.
European mortgage-backed securities (MBS) issuance had a strong year, with volume rising 10.2% to €138.5 billion, up from €125.6
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