Secondary markets

The post-issuance trading or buying and selling of instruments, including, but not exclusively, asset-backed securities or ABS; commercial or residential mortgage-backed securities or MBS or CMBS or RMBS; collateralised debt obligations or CDOs; and collateralised loan obligations or CLOs takes place in the secondary market. Prices established in the secondary market are seen as an efficient means of deriving the value of similar products for valuation purposes.


  • Big bang?

    Tokenisation touted as a replacement for securitisation

    Tokenisation is being touted as a potential replacement for securitisation, given its many applicati...

    News Analysis    14 October 2021
  • Green light

    Record second-hand car prices fuel RV opportunities

    Rising used car prices are positive for auto ABS transactions with exposure to residual values (RVs)...

    News Analysis    7 October 2021
  • CRT seminar line-up finalised

    Fireside chat, awards on the agenda

    SCI’s 7th Annual Capital Relief Trades Seminar is taking place in-person on 13 October at...

    News    6 October 2021
  • Lack of clarity

    Positive signs for Indian ABS, but challenges remain

    The Indian ABS market has demonstrated resilience during the Covid-19 pandemic. However, going forwa...

    News    1 October 2021
  • New frontiers?

    Prospects for further NPL ABS guarantee schemes weighed

    Given the success of both GACS and HAPS in facilitating the development of a market for non-performi...

    News Analysis    23 September 2021
  • Replacement issues

    SOFR challenges explored

    Term SOFR is expected to be the main replacement for US Libor. This premium content article explores...

    News Analysis    21 September 2021
  • SCI Start the Week - 20 September

    A review of SCI's latest content

    Last week's news and analysis CRT love FHFA promotes CRT usage and tempts Fannie back in...

    News    20 September 2021
  • Securitisation execs promoted in PGIM reorg

    Sector developments and company hires

    Securitisation execs promoted in PGIM reorg PGIM Fixed Income has reorganised its senior manageme...

    Market moves    17 September 2021
  • Strong opportunities

    European NPL investment trends discussed

    Emerging non-performing loan opportunities across a number of jurisdictions in Europe are boosting s...

    News    15 September 2021
  • Pick-up continues

    European ABS/MBS market update

    Following on from last week’s pick-up, the European ABS/MBS market is set for another busy...

    News    15 September 2021
  • SCI Start the Week - 6 September

    A review of SCI's latest content

    Last week's news and analysis Cliff edge looms 400,000 loans face forbearance expiry ...

    News    6 September 2021
  • CLO control equity fund closed

    Sector developments and company hires

    CLO control equity fund closed Lakemore Partners has successfully closed Aquatine IV at US$400m,...

    Market moves    26 August 2021
  • SCI Start the Week - 23 August

    A review of SCI's latest content

    Last week's news and analysis Bullish sentiment CLO, loan opportunity set to continue ou...

    News    23 August 2021
  • Bullish sentiment

    CLO, loan opportunity set to continue outperforming

    The global CLO market is now pushing US$1trn in outstandings. Against this backdrop, both CLOs and t...

    News Analysis    17 August 2021
  • SCI Start the Week - 16 August

    A review of SCI's latest content

    Last week's news and analysis Amortization antics Vehicle inventory shortage forces ABS...

    News    16 August 2021
  • SCI Start the Week - 9 August

    A review of SCI's latest content

    Last week's news and analysis ABS-lite appetite Insured trade receivables notes in vogue...

    News    9 August 2021
  • SCI Start the Week - 2 August

    A review of SCI's latest content

    Last week's news and analysis Are direct lending strategies fit for purpose? Contributed...

    News    2 August 2021
  • Consistent opportunities

    European CLOs still offering value

    Notwithstanding a slight and short-lived wobble last week as a result of macro volatility, the Europ...

    News    28 July 2021
  • Summer hiatus

    European ABS/MBS market update

    Tight spreads, significant supply and general optimism have epitomised the first half of the year in...

    News    27 July 2021
  • SCI Start the Week - 26 July

    A review of SCI's latest content

    Last week's news and analysis Angel eyes Angel Oak Capital Advisors talks value in non-ag...

    News    26 July 2021
  • Asset quality boon

    EU bank credit conditions normalise

    Credit conditions for European banks are normalising and prospects for the second half of the year l...

    News    21 July 2021