September recoveries are typically 62% higher than August’s, but relative to the September 2022-2023 average, they fell EUR 104m this year. The decline was seen across all recovery strategies. Judicial proceeds fell by 32% (by EUR 38m); DPOs fell 43% (EUR 23m) while note sales proceeds fell by EUR 21m, down 76%.

This report shows the performance of a static universe of Italian NPL securitisations rated by Scope.

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