Trade Wars

Outlook for European structured finance 2022

LONDON, January 19, 2022–(BUSINESS WIRE)–DBRS Morningstar has released its annual outlook for European structured finance. Looking ahead to 2022, as pandemic-induced volatility continues to subside, we expect the European securitization market to face a number of themes:

(1) Evolution towards sustainable capital markets

(2) Geopolitical risks

  • Brexit – a forgotten story – continues to create trade tensions between the UK and its immediate neighbors

  • Global trade tensions, migration crises, trade wars and supply chain issues are some of the issues that can escalate into widespread market uncertainty.

(3) Tightening of monetary policy

  • To rein in inflation, transient or persistent inflation – regardless of the naming convention – if central bank purchase programs are reduced, we expect the balance of issues distributed versus issues held will tilt slightly towards the first

  • In 2022, DBRS Morningstar forecasts total European securitization issuances of €200-210 billion, of which we expect €110-115 billion will be market placed transactions. These forecasts are continuously dependent on the progress of measures to contain the virus and the countermeasures used to control inflation.

To view the full report, click here: https://www.dbrsmorningstar.com/research/390819/european-structured-finance-outlook-2022

Click here to register for the webinar on this topic: https://www.brighttalk.com/webcast/15677/526348

The DBRS Morningstar group of companies consists of DBRS, Inc. (Delaware, USA) (NRSRO, subsidiary DRO); DBRS Limited (Ontario, Canada)(DRO, subsidiary of NRSRO); DBRS Ratings GmbH (Frankfurt, Germany)(EU CRA, NRSRO subsidiary, DRO subsidiary); and DBRS Ratings Limited (England and Wales) (UK CRA, NRSRO subsidiary, DRO subsidiary). For more information on regulatory registrations, recognitions and approvals from the DBRS Morningstar group of companies, please see: https://www.dbrsmorningstar.com/research/highlights.pdf.

The DBRS Morningstar group of companies is a wholly owned subsidiary of Morningstar, Inc. © 2021 DBRS Morningstar. All rights reserved.

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See the source version on businesswire.com: https://www.businesswire.com/news/home/20220118005763/en/

contacts

Dennis Ferreira – [email protected]