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Securitization Market Survey Report

Securitization Market Trends Survey Report

 The Japan Securities Dealers Association (JSDA) has been conducting the Securitization Market Trends Survey and the survey on the Status of Establishment of Securitization Product Programs and publishing survey results in collaboration with the Japanese Bankers Association (JBA) since April 2006. 

 

Points to be remarked about this Survey

1. Survey Scope

 This material covers information regarding the following survey items that have been reported on a voluntary basis by reporters such as arrangers, sponsors and rating agencies involved in securitization.

 

(1) Securitization Market Trends Survey
 Bonds, trust beneficiary rights, CP, etc. which were issued on or after April 1, 2004 and are backed primarily by assets located in Japan.

(2) Status of Establishment of Securitization Product Programs
 Individual programs for the purpose of issuing CP, short-term trust beneficiary rights, etc. which are backed mainly by assets located in Japan

 

2. Other Remarks

(1) Provided on this page are half-yearly summaries of the survey results of the Securitization Market Trends Survey. 

(2) Please refer to following webpage for monthly results of  the Securitization Market Trends Survey and half-yearly results of the survey on the Status of the Establishment of Securitization Product Programs:
http://www.jsda.or.jp/shiraberu/syoukenka/doukou/index.html

(3) When preparing this material, we gathered reports from sources deemed to be reliable and trustworthy. However, these sources assume no responsibility for guaranteeing the accuracy of the information they report to the JSDA and the JBA. The JSDA and the JBA make no guarantee of the accuracy of the information contained herein. 

Data : full-yearExcel half-year periodExcel

Period of Survey Report The Date of Issue
Fiscal 2017   November 30, 2017
  First Half of Fiscal 2017 PDF
Fiscal 2016 PDF May 31, 2017
  Second Half of Fiscal 2016 PDF
First Half of Fiscal 2016 PDF November 30, 2016
Fiscal 2015 PDF May 31, 2016
  Second Half of Fiscal 2015 PDF
First Half of Fiscal 2015 PDF November 30, 2015
Fiscal 2014 PDF May 29, 2015
  Second Half of Fiscal 2014 PDF
First Half of Fiscal 2014 PDF November 28, 2014
Fiscal 2013 PDF May 30, 2014
  Second Half of Fiscal 2013 PDF
First Half of Fiscal 2013 PDF November 29, 2013
Fiscal 2012 PDF May 31, 2013
  Second Half of 2012 PDF
First Half of 2012 PDF November 30, 2012

Securitization Market Balances Survey Report

 Since September 2012, the Japan Securities Dealers Association (JSDA) has been conducting a survey of outstanding amounts for securitization products that are covered by the Securitization Market Trends Survey and publishing outstanding amounts aggregated by type of securitization product.

 

Points to be remarked about this Survey

1. Survey scope

(1) “Agency bonds” refers to all outstanding Japan Housing Finance Agency Mortgage-backed Securities (including Government Housing Loan Corporation Mortgage-backed Securities) as of the reference date of the survey.

   “Other” securitization products refers to securitization products announced based on the Trends Survey (Bonds, trust beneficiary rights, CP, etc. which were issued on or after April 1, 2004 and are backed primarily by assets located in Japan)

(2) Securities issued under a “securitization products program” are excluded from the scope of the Trends Survey.

(3) Derivative-type and loan-type (asset-backed loan) securitization products are included in the scope of the Trends Survey only if bonds or trust beneficiary rights are issued as part of a separate tranche.  

    (If all the issued tranches are loan type, they are excluded from the scope of the Trends Survey.

(4) All reports received for the Trends Survey are made on a voluntary basis. 

 

2. Other Remarks

(1) In the case of securitization products which are issued with trust beneficiary rights as the underlying assets, in principle, only the issued securitization products are covered, and the underlying trust beneficially rights are excluded from the scope of the survey. 

(2) Securitization products which have already reached their legal final maturity date as of the reference date of the survey are deemed as having no outstanding amount and are excluded from the scope of the survey.

(3) In the case of securitization products issued during the month to which the reference date of the survey belongs, the issued amounts are deemed to be outstanding amounts as of the survey reference date.

(4) When preparing this material, we gathered reports from sources deemed to be reliable and trustworthy. However, these sources assume no responsibility for guaranteeing the accuracy of the information they report to the JSDA. The JSDA makes no guarantee of the accuracy of the information contained herein. 

Data : Excel

Period of Survey Report The Date of Issue
As of September 30, 2017 PDF

November 30, 2017

As of March 31, 2017 PDF May 31, 2017
As of September 30, 2016 PDF November 30, 2016
As of March 31, 2016 PDF May 31, 2016
As of September 30, 2015 PDF November 30, 2015
As of March 31, 2015 PDF May 29, 2015
As of September 30, 2014 PDF November 28, 2014
As of March 31, 2014 PDF May 30, 2014
As of September 30, 2013 PDF November 29, 2013
As of March 31, 2013 PDF May 31, 2013
As of September 30, 2012 PDF November 30, 2012

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