Issue Archive

  • Issue 316 - 19th December

    • Rally drivers

      US ABS recovery subject to potential shocks

      The US ABS market rallied strongly in 2012, with CLO and CMBS issuance volumes in particular surpris...

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  • Issue 315 - 12th December

  • Issue 314 - 5th December

  • Issue 313 - 28th November

  • Issue 312 - 21st November

  • Issue 311 - 14th November

  • Issue 310 - 7th November

    • Putting money to work

      Quarterly review and outlook for European ABS

      We asked Lloyds Bank, the winners of SCI's 2011 arranger award for European consumer/credit card ABS...

      Full Contents

  • Issue 309 - 31st October

  • Issue 308 - 24th October

  • Issue 307 - 17th October

    • Upping sticks

      Agency MBS crowding to boost esoteric ABS

      The New York Fed's announcement last month that Operation Twist will target solely agency MBS took m...

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  • Issue 306 - 10th October

  • Issue 305 - 3rd October

  • Issue 304 - 26th September

  • Issue 303 - 19th September

  • Issue 302 - 12th September

    • Valuation skew

      GN/FN relative value opportunities weighed

      Policymaker intervention continues to skew US agency RMBS values. Given the difficulty of quantifyin...

      Full Contents

  • Issue 301 - 5th September

  • Issue 300 - 29th August

    • Spike surprise

      Good news amid difficult CMBS maturity outcomes

      Maturity spikes have been coming like clockwork for European CMBS and last month saw the latest iter...

      Full Contents

  • Issue 299 - 22nd August

    • Conflict of interest?

      Rating agency reform proposals scrutinised

      Credit rating agency reform is still being determined on either side of the Atlantic. Concerns that...

      Full Contents

  • Issue 298 - 15th August

    • Back to basis

      Extreme basis opens trade opportunities

      Real money accounts have been buying into cash as a safe haven, but doing so has made the cash marke...

      Full Contents

  • Issue 297 - 8th August

    • Cat bond crazy

      Resurgent ILS market in rude health

      It has been a year of impressive issuance so far in the insurance-linked securities market, with the...

      Full Contents

  • Issue 296 - 1st August

  • Issue 295 - 25th July

    • Identifying asymmetries

      Charlotte Valeur Adu, chair of Brevan Howard Credit Catalysts Limited, answers SCI's questions

      Q: When and why did Brevan Howard launch a listed credit fund? A: The Brevan Howard Credit Catalyst...

      Full Contents

  • Issue 294 - 18th July

  • Issue 293 - 11th July

  • Issue 292 - 4th July

    • SCI Start the Week - 2 July

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

      Pipeline Three transactions remained in the pipeline at the end of last week. They comprised a stud...

      Full Contents

  • Issue 291 - 27th June

  • Issue 290 - 20th June

    • Diversification benefits

      John Wells, chairman at Leadenhall Capital Partners, answers SCI's questions

      Q: How and when did Leadenhall Capital Partners become involved in the insurance-linked securities (...

      Full Contents

  • Issue 289 - 13th June

    • Dealing with data

      The operational challenges facing investors in an increasingly data-rich world

      For years, structured credit and ABS investors have struggled to get access to comprehensive data fo...

      Full Contents

  • Issue 287 - 30th May

    • Increased depth?

      Large bid-lists positive for Euro secondary liquidity

      Strong demand for a series of recent large bid-lists could signal increased depth in the European se...

      Full Contents

  • Issue 286 - 23rd May

    • Building blocks

      Credit and counterparty risk management practices surveyed

      Derivatives market participants polled by SCI, in partnership with Fitch Solutions, agree that count...

      Full Contents

  • Issue 285 - 16th May

  • Issue 284 - 9th May

  • Issue 283 - 2nd May

    • Comeback kid

      CDOs broadening investor base for infrastructure assets

      CDO technology appears to be making a comeback in the infrastructure sector. The vehicles are helpin...

      Full Contents

  • Issue 282 - 25th April

    • Recovery trades sought

      ABS CDO appetite surges ahead of expected supply

      The New York Fed has initiated a competitive bid process in response to several reverse inquiries fo...

      Full Contents

  • Issue 281 - 18th April

    • Cards on the table

      Quarterly review and outlook for consumer/credit card ABS

      We asked the winners of SCI's 2011 arranger awards for the consumer/credit card ABS sectors either s...

      Full Contents

  • Issue 280 - 11th April

  • Issue 279 - 4th April

  • Issue 278 - 28th March

  • Issue 277 - 21st March

  • Issue 276 - 14th March

    • Capex concerns

      UK water companies to return to securitisation

      The UK Environment Agency has put the South East of England on drought status, with reservoir levels...

      Full Contents

  • Issue 275 - 7th March

    • Yield boost

      CMBS extension trades gaining traction

      US special servicer activity has risen over the past two months, resulting in approximately US$3.7bn...

      Full Contents

  • Issue 274 - 29th February

  • Issue 273 - 22nd February

  • Issue 272 - 15th February

    • Sovereign concerns

      Sovereign default and re-denomination risk remain

      European structured finance trading and issuance trends have been impacted by wider concerns stemmin...

      Full Contents

  • Issue 271 - 8th February

  • Issue 270 - 1st February

    • CDS saviour?

      CAC proposal could eliminate need to sidestep CDS trigger

      Serious questions are being raised about the future of CDS, following a recent credit event (see box...

      Full Contents

  • Issue 269 - 25th January

    • Increasing visibility

      Corporate trust service providers explore post-crisis landscape

      Representatives from leading corporate trust service providers met with SCI late last year to discus...

      Full Contents

  • Issue 268 - 18th January

  • Issue 267 - 11th January

  • Issue 266 - 4th January

    • Blown off-course

      Sovereign crisis, regulatory pressures weighing on Euro ABS

      The European securitisation market began 2011 on a reasonably positive footing, with strong issuance...

      Full Contents