LOGIN
 

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.


  • Mall refi prospects mixed

    While many CMBS loans on regional malls are expected to struggle to refinance at maturity, Morningst...

    News    27 April 2017
  • US CLOs still slow

    The US CLO secondary market is still slow thanks to a combination of factors. "So many bonds are t...

    SCIWire    27 April 2017
  • Euro secondary boosted

    The European securitisation secondary market has been boosted by the first round result in the Frenc...

    SCIWire    25 April 2017
  • Mortgage market model outlined

    The Mortgage Bankers Association has released a whitepaper on GSE reform that outlines its vision fo...

    News    24 April 2017
  • SCI Start the Week - 24 April

    A look at the major activity in structured finance over the past seven days.

    Pipeline Additions to the pipeline were focused on ABS and RMBS last week, with the former dominati...

    News    24 April 2017
  • Clean-up call volume rising

    US non-agency RMBS amounting to more than US$1bn in UPB was called in 1Q17, making it one of the bus...

    News    20 April 2017
  • US CLOs slumber on

    The slumber seen in the US CLO secondary market pre-Easter is continuing. Despite broadly positive...

    SCIWire    20 April 2017
  • Euro ABS/MBS picks up

    Activity in the European ABS/MBS secondary market is picking up after the Easter break. Yesterday...

    SCIWire    20 April 2017
  • Euro CLO relative value discussed

    Identifying relative value in the current loan environment, where asset spreads are compressing, was...

    Talking Point    19 April 2017
  • CLO refi value explored

    US CLO triple-A investors should target longer refis from larger managers due to the relatively stee...

    News    13 April 2017
  • US CLOs slow

    The US CLO secondary market is slowing down ahead of the Easter holidays. "It was always going to...

    SCIWire    11 April 2017
  • Euro secondary ebbs and flows

    Activity in the European securitisation secondary market continues to ebb and flow. Trading patter...

    SCIWire    11 April 2017
  • Investors 'less bullish', despite record volumes

    Global CLO supply last week hit a weekly record by count and volume for priced deals, with 29 printi...

    News    10 April 2017
  • SCI Start the Week - 10 April

    A look at the major activity in structured finance over the past seven days.

    Pipeline ABS names once again made up the majority of last week's pipeline additions. There were al...

    News    10 April 2017
  • US CLOs still strong

    US CLO secondary market tone remains strong amid lacklustre volumes. "Overall supply hasn't ticked...

    SCIWire    6 April 2017
  • Euro ABS/MBS active

    The European ABS/MBS secondary market is once again active without yet fully taking off. "Secondar...

    SCIWire    6 April 2017
  • US ABS keeps tight

    US ABS secondary spreads are keeping tight as the new quarter begins. The run-in for the last quar...

    SCIWire    4 April 2017
  • Euro secondary restarts

    The turn of the quarter has restarted activity in the European securitisation secondary market. Fl...

    SCIWire    4 April 2017
  • SCI Start the Week - 3 April

    A look at the major activity in structured finance over the past seven days

    Pipeline The pipeline comprised a mixed bag of issuers last week. ABS deals once again dominated th...

    News    3 April 2017
  • US CLOs surge

    Activity in the US CLO secondary market has surged this week. "There's been something of a quarter...

    SCIWire    30 March 2017
  • Euro ABS/MBS unchanged

    Spreads and activity levels remain unchanged across the European ABS/MBS secondary market. A combi...

    SCIWire    30 March 2017