At mid-year in 2010, the book value of securitised real estate loans stood at € billion and the book value of CDOs was some € billion. Securitised student loans were just under € billion and CMBS around € billion. The overall volume was declining only slightly in the first half of the year.
BIS Review 10/1998  -2-  Thanks to the succession of surpluses recorded on the current account of the balance of payments, at the end of 1997 Italy’s overall net external position was once more broadly in balance.