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.


  • Secondary supply

    Euro ABS trading set to dominate

    European ABS secondary spreads have completed a three-quarter circle from their coronavirus-related...

    News    22 December 2020
  • SCI Start the Week - 21 December

    A review of securitisation activity over the past seven days

    Last week's stories Agricultural SRT prepped Lloyds readies Fontwell II Baltic SRT finalised ...

    News    21 December 2020
  • Improving sentiment

    Opportunities rebound in aircraft ABS market

    Aircraft ABS secondary market activity all but dried up with the onset of Covid-19, until trading be...

    News Analysis    17 December 2020
  • Call for further improvement

    'Unambitious' NPL strategy launched

    The European Commission has published a strategy that aims to prevent a build-up of non-performing l...

    News    16 December 2020
  • SCI Start the Week - 14 December

    A review of securitisation activity over the past seven days

    Last week's stories Bellemeade bonanza The latest Arch trade covers the same insurance v...

    News    14 December 2020
  • CLO liquidity complexity examined

    Sector developments and company hires

    CLO liquidity complexity examined CLO secondary market activity is booming across the board, but...

    Market moves    11 December 2020
  • Real return

    Money managers unlikely to be able to resist CLOs

    The rapid Covid-driven blow-out in US CLOs, followed by an equally dramatic reverse, wrong-footed ma...

    News Analysis    9 December 2020
  • SCI Start the Week - 7 December

    A review of securitisation activity over the past seven days

    Last week's stories Collections conundrum Italian NPL ABS amortisation eyed (Full story below) ...

    News    7 December 2020
  • Leveraged finance: stepping into the void

    Contributed thought leadership by Ocorian

    As funds continue to reallocate capital to direct lending strategies, Sinead McIntosh, busines...

    Talking Point    7 December 2020
  • Tech solution

    Peter Jasko, ceo at Semeris, answers SCI's questions

    Q: How and when did you become involved in the securitisation market? A: Semeris launched last mon...

    The Structured Credit Interview    2 December 2020
  • SCI Start the Week - 30 November

    A review of securitisation activity over the past seven days

    Last week's stories Double trouble Two - not one - JP Morgan corporate loan CRT trades h...

    News    30 November 2020
  • Jumbo BDC merger agreed

    Sector developments and company hires

    Jumbo BDC merger agreed FS/KKR Advisor, a partnership between FS Investments and KKR Credit Advis...

    Market moves    26 November 2020
  • SCI Start the Week - 23 November

    A review of securitisation activity over the past seven days

    SRT seminar TODAY Join SCI today and tomorrow, 23 and 24 November, for its virtual 6th Annual Capit...

    News    23 November 2020
  • Highland trio launch new firm

    Sector developments and company hires

    Highland trio launch new firm Ex-Highland Capital Management executives Mark Okada, Jack Yang and T...

    Market moves    20 November 2020
  • Automated alternative

    CLO tax solution getting traction

    An automated alternative to the traditional season-and-sell process that enables tax efficiency for...

    News Analysis    19 November 2020
  • SCI Start the Week - 16 November

    A review of securitisation activity over the past seven days

    SRT seminar NEXT WEEK Join SCI on 23 and 24 November for its virtual 6th Annual Capital Relief Trad...

    News    16 November 2020
  • Transition revamp?

    Legacy language amendments remain challenging

    Standard Libor fallback language has been agreed and adopted by some new transactions ahead of the b...

    News Analysis    13 November 2020
  • CLO resurgence?

    Primary spike contingent on sustained positivity

    The US CLO market’s presidential election lull continued into this week ahead of yesterday...

    News    12 November 2020
  • SCI Start the Week - 9 November

    Last week's stories ESG philosophy Federated Hermes answers SCI's questions F...

    News    9 November 2020
  • Synthetic CMBS eyed

    Pension funds target CRE CRTs

    Pension funds are targeting synthetic securitisations of commercial real estate loans, despite the c...

    News Analysis    6 November 2020
  • SCI Start the Week - 2 November

    A review of securitisation activity over the past seven days

    Last week's stories Best-of-breed network Arrow Global Group answers SCI's quest...

    News    2 November 2020