12.20.19
In their recent 2020 Global Structured Finance Outlook, S&P Global Ratings indicated that despite fear over a slowing global economy, 2019 was an active year for the structured finance markets and predicts 2020 will be active as well. Compared to 2018, global issuance increased by around $1.1 trillion, or around 4%, in 2019 and saw issuance increases in the US, China, Australia, and Latin America; while Europe, Japan, and Canada saw overall issuance decrease. S&P predicts that total issuance in 2020 will be approximately $1 trillion but could be impacted by global factors such as trade tensions, Brexit, and unforeseen increases in interest rates.
Read more via S&P Global Ratings.