SCIWire

Euro secondary slow

Tuesday 17 January 2017 09:05 London/ 04.05 New York/ 17.05 Tokyo

It's been slow start to the week so far for the European securitisation secondary markets.

Participants look to have taken the opportunity of the US public holiday yesterday to catch their breath and there was little movement in terms of trading or levels. However, tone remains very strong across the board and volumes are likely to pick up as the week wears on.

There is currently only one BWIC on the European calendar for today. Due at 14:00 London time it involves two €2m lines of double-B CLOs CLRPK 1X D and HLAE 2016-1X E Neither bond has covered on PriceABS before.

17/01/2017 09:05:28