Italian SPVs -Issue 3-2016 - 2016 half year update

The 2016 half year update of the Italian SPVs -Issue 3-2016 is available in the Research page.

The Report is focused on Asset Backed transactions closed in the Italian market by SPVs enrolled under Law 130/99 (the Italian Securitisation Law).

The contents of the Report have been recently upgraded with a new chapter: Italian SME Loans and Trade Receivables Sales that covers all the transactions backed with loans, bonds (and Minibonds) and trade receivables towards Italian SMEs.

The Report analyses a wider range of transactions than any other publically available statistics, because the database includes not only public issues (as other Reports available in the Research page do) but also private deals.

Investors, Originators and all Asset Finance professionals that are involved in the Italian Asset Backed Finance industry, together with anyone who wants to gain an insider perspective on it, can benefit from a fully integrated perspective of analysis.

Chapter 1 investigates the upstream deal-flow and the health status of the pipeline of new issues, that are analysed by originator, by legal framework, by type of sale and by Asset Class.
Chapter 2 presents an updated breakdown analysis of the Italian Corporate Servicers’ activity and the distribution by Asset Class.
Chapter 3 analyses the Italian asset backed finance activity by type of issue (private vs public) and by Asset Class.
Chapter 4 covers the NPLs market activity in Italy, one of most promising and filled with growth expectations Asset Class.
Chapter 5 covers the Italia SME Loans and Trade Receivables Sales.

An Abstract of the Italian SPVs Report is available for Registered Users, while the full Report can be purchased and downloaded.

Recent Deals

Asset Class Deal Name Originator Issuer Date
Covered Bond Eur. 30 bn. ISP OBG Covered Bond Programme - 2016 - 22 Intesa Sanpaolo Spa Intesa Sanpaolo Spa 2016-09-16 

Covered Bond Eur. 30 bn. ISP OBG Covered Bond Programme - 2016 - 21 Intesa Sanpaolo Spa Intesa Sanpaolo Spa 2016-09-16 

Covered Bond Eur. 20 bn. Covered Bond Programme - 2016 - 20 Intesa Sanpaolo Spa Intesa Sanpaolo Spa 2016-09-16 

Covered Bond UBI - Series 22/2016 Covered Bonds (OBG) under the €15,000,000,000 Programme Banca 24-7 Spa - Banca Carime Spa - Banca di San Giorgio Spa - Banca di Valle Camonica Spa - Banca Popolare Commercio e Industria Spa - Banca Popolare di Ancona Spa - Banca Popolare di Bergamo Spa - Banca Regionale Europea Spa - Banco di Brescia Spa - UBI Banca Private Investment Spa Unione di Banche Italiane Scpa 2016-09-14 

Covered Bond Unicredit Spa - Eur. 25 bn OBG Programme - Series 2016-9 Unicredit Spa Unicredit SpA 2016-09-02 

2016 Asset Class Summary

Asset Class Deals # Last Update Amount % Total Amount
 RMBSs 4 2016-08-11 7.23  4,584,365,000.00 

 CMBSs 4 2016-07-20 7.20  4,562,124,419.96 

 LRs 5 2016-08-10 12.83  8,134,894,000.00 

 PLs/CCs 5 2016-08-02 17.17  10,882,553,969.00 

 Others 1 2016-01-29 0.00  3,000,000.00 

 Covered Bond 40 2016-09-16 55.57  35,225,000,000.00 

 Total 59 2016-09-16 100.00  63,391,937,388.96