S&P released a new report highlighting that global securitization issuance is once again expected to reach $1 trillion by the end of 2019. At the end of September 2019 total issuance volume was approximately $770 billion, up from $750 billion a year ago. Overall, China saw the largest year-to-year growth with $204 billion, up from $176 billion last year. The U.S. saw issuance largely unchanged from last year, remaining at $409 billion. Within the U.S., ABS and CMBS issuance mostly remained static at $58 billion and $18 billion and CLO issuance fell from $33 billion to $25 billion. Finally, Europe saw their total issuance decrease with total issuance at 68 billion Euros, down from 77 billion Euros a year ago.

Read more via S&P Global.