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Euro secondary still seeks supply
Tuesday 24 January 2017 09:11 London/ 04.11 New York/ 17.11 Tokyo
Demand continues to outstrip supply in the European securitisation secondary market.
Tone remains positive across the board and investor appetite is still strong in every sector. However, there continues to be next to no supply via BWICs or new issuance. Consequently, when auctions do appear they trade exceptionally well and are keeping spreads flat to slightly tighter.
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