Market back on a high as product issuance breaks records while rates keep falling
The first quarter of 2025 showed a modest rebound in the number of products issued compared to Q4 2024, breaking a downward streak that had persisted since Q2 2024. Despite a small decline in sales YoY, issuance volumes stood at €4.57 billion, a 10.6% increase QoQ, though still trailing Q1 2024 levels by around 18.4%. Issuance volumes, however, reached their highest since Q1 2024 at 7,295 products – a dramatic 46% increase over the previous quarter, as per SRP data. Market act