Seasoned transactions i.e. those rated before the pandemic show a steeper decline in DPOs than those rated more recently. In other words, the more transactions age, the more evident the fall in DPOs is.

In June 2024, collections rose by 23% month-on-month to EUR 255m but this was 31% below the June average of the last two years.

Semi-annual gross proceeds (EUR m)

Source: Scope calculations on servicing reports

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