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.

• SCI Start the Week - 6 November

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

  Pipeline It was full steam ahead once more for the pipeline. There were 13 ABS, an ILS, three RMBS,...

  News    6 November 2017

• Job swaps round-up - 3 November

  EMEA The Carlyle Group is set to reorganise its executive leadership, effective from 1 January 201...

  Job Swaps    3 November 2017

• US CLO stand-off

  The US CLO secondary market is caught in a supply-demand stand-off. "The secondary market has effe...

  SCIWire    31 October 2017

• Euro secondary strengthens

  Levels continue to strengthen across the European securitisation secondary market. October has bee...

  SCIWire    31 October 2017

• SCI Start the Week - 23 October

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

  Pipeline Additions to the pipeline last week were once again heavily skewed towards ABS. There were...

  News    23 October 2017

• SCI Start the Week - 16 October

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

  Pipeline Additions to the pipeline last week were heavily skewed towards ABS. There were 20 ABS nam...

  News    16 October 2017

• Job swaps round-up - 13 October

  Acquisition Navient has entered into an agreement to acquire online student lender Earnest for US$...

  Job Swaps    13 October 2017

• Refi success depends on timing

  Refis from the final quarter of last year appear to have pulled the trigger too early as they reduce...

  News    11 October 2017

• ILS issuance hits all-time highs

  The insurance-linked securities market has seen a surge in new issuance this year, with 1H17 witness...

  News Analysis    11 October 2017

• SCI Start the Week - 9 October

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

  Pipeline It was a quieter week for the pipeline, with activity noticeably down on the week before....

  News    9 October 2017

• Auto ABS value explored

  There is still good value to be found among US auto ABS subordinate tranches. This appears to be par...

  News    5 October 2017

• New dawn for bank funding strategies?

  The European securitisation market faces what is expected to be an "interesting" year ahead, as low-...

  News Analysis    4 October 2017

• Risk retention capital largely deployed?

  The availability of risk retention financing has been one of the main reasons that CLO supply has ou...

  News    3 October 2017

• US CLOs keep it light

  Volumes in the US CLO secondary market remain light, but spreads are still firm. "Not muc...

  SCIWire    3 October 2017

• Euro secondary sustained

  Activity levels continue to be sustained if not spectacular in the European securitisation secondary...

  SCIWire    3 October 2017

• SCI Start the Week - 2 October

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

  Pipeline It was a busy week of comings and goings for the pipeline. At the close of Friday, 11 new...

  News    2 October 2017

• Bear-flattener trades advocated

  The Fed announced last week that it would unwind the System Open Market Account (SOMA) balance sheet...

  News    26 September 2017

• New issue CLOs preferable?

  US CLO relative value discussions often focus on tranche level - where triple-A paper cont...

  News Analysis    25 September 2017

• SCI Start the Week - 25 September

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

  Pipeline Additions to the pipeline last week were fairly broadly split. There were five ABS added,...

  News    25 September 2017

• SCI Start the Week - 11 September

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

  Pipeline There were several additions to the pipeline last week, with ABS accounting for most of th...

  News    11 September 2017

• US CLOs unswerving

  The US CLO secondary market is yet to swerve from the path it has been following for a large part of...

  SCIWire    7 September 2017