Tuesday, 30 July 2019
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The Q1 statistics already indicated a lower GO transaction issuance for the period, compared to 2018. Cumulative issuance in H1 2019 was indeed below the levels observed during the first half of 2018. On the other hand, cancelation of GOs during H1 2019 was 11% above the volumes canceled in the first half of 2018.
The issuance of renewable GOs was consistently below the levels seen in 2018 and early 2017. The exception was June 2019, with the largest volumes issued in Italy, Norway, and Spain.