- In third quarter of 2022 by euro area FVCs engaged in securitisation decreased to 鈧�1,698 billion, from 鈧�1,709 billion in previous quarter
- by FVCs during third quarter of 2022 amounted to 鈧�14 billion
- Euro area FVCs disposed 鈧�12 billion of in third quarter of 2022, with outstanding amounts totalling 鈧�1,265 billion
The outstanding amount of by euro area FVCs was 鈧�1,698 billion at the end of the third quarter of 2022, 鈧�11 billion lower than at the end of the previous quarter. Over the same period, transactions amounted to a net redemption of 鈧�14 billion (see Chart 1). The annual growth rate of debt securities issued, calculated on the basis of transactions, decreased to 4.7% in the third quarter of 2022, from 5.5% in the previous quarter.
Euro area FVCs’ holdings of 鈥� accounting for most of the assets backing the debt securities issued 鈥� decreased to 鈧�1,265 billion at the end of the third quarter of 2022, from 鈧�1,277 billion at the end of the previous quarter. The change was accounted for by net disposals of 鈧�12 billion (see chart 2). Net disposals of securitised loans originated by euro area monetary financial institutions (MFIs) amounted to 鈧�11 billion.
Turning to the borrowing sector of securitised loans, amounted to 鈧�734 billion at the end of the third quarter of 2022, with a net disposal of 鈧�8 billion during the third quarter of 2022, while amounted to 鈧�397 billion, with a net disposal of 鈧�4 billion.
Among the other assets of euro area FVCs, amounted to 鈧�182 billion at the end of the third quarter of 2022, predominantly claims on euro area MFIs (鈧�92 billion). There was also a net disposal of deposits and loan claims of 鈧�9 billion during the quarter. amounted to 鈧�469 billion at the end of the third quarter 2022, while net acquisitions amounted to 鈧�11 billion. held by FVCs 鈥� including for example trade, tax and other receivables 鈥� amounted to 鈧�107 billion, with negligible net transactions.
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