As part of the market-driven initiative by TSI, AFME and EDW, the tenth European Benchmark Exercise (EBE) Report as of 31 December 2025 was published today. The aim of the EBE is to increase market transparency for private true-sale securitisations in the EU and the UK. These include both ABCP and balance-sheet-funded securitisations. Synthetic securitisations
Market transparency
9th Report of the European Benchmark Exercise – Market segment estimated to exceed €250 billion for the first time
As part of the market-led initiative of TSI, AFME and EDW, the ninth European Benchmark Exercise (EBE) Report was published today as of 30 June 2025. The aim of the EBE is to increase market transparency for private true sale securitisations in the EU and the UK. These include both ABCP and balance sheet-financed transactions.
8th Report of the European Benchmark Exercise – The ABCP market is growing again
As part of the market-led initiative of TSI, AFME and EDW, the eighth European Benchmark Exercise (EBE) Report was published today as of 31 December 2024. The aim of the EBE is to increase market transparency for private true sale securitisations in the EU and the UK. These include both ABCP and balance sheet-financed transactions.
7th Report of the European Benchmark Exercise – Growth in the private non-ABCP markets and the STS segment continues
As part of the market-led initiative of TSI, AFME and EDW, the seventh European Benchmark Exercise (EBE) Report was published today as of 30 June 2024. The aim of the EBE is to increase market transparency for private true sale securitisations in the EU and the UK. These include both ABCP and balance sheet-financed transactions.
6th Report of the European Benchmark Exercise – further growth in ABCP and private non-ABCP markets
As part of the market-led, the sixth European Benchmark Exercise (EBE) Report was published today as of 31 December 2023. The aim of the EBE is to increase market transparency for private true sale securitisations in the EU and UK. These include both ABCP and balance sheet-financed transactions. Synthetic securitisations and public ABS bonds are


