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Tight summer

Category: ABS CMBS

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European ABS/MBS market update

Following a busy quarter that saw every new deal being met with heavy investor demand, there is no sign of the appetite for paper diminishing. Secondary has picked up too over the last week and is showing a similar trend.

Even with the summer holidays quickly approaching, primary spreads still appear to be tightening, matching levels not seen since before the financial crisis.

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