US ABS secondary market spreads keep tightening despite continued supply.
Appetite for paper in secondary remains strong across the majority of ABS sectors and even any uptick in primary issuance is having little impact. For example, the announcement of two new sizeable American Express deals saw credit card spreads continue to tighten in both fixed and floating.
Further, the growing ... showing 60 out of 220 words of this article
Yes, I am registered
No, I am not registered but would like to apply for a free trial
SIGN UP FOR A TRIAL TO SCI
SCI's in-house team of journalists publishes proprietary news and market data covering all aspects of securitisation globally.
SCI covers emerging themes such as Capital Relief Trades, Marketplace Lending & Green Bonds, plus traditional structured credit & asset backed sectors: CLO; ABS; CDO; CMBS; RMBS & ILS.
By registering for a trial to SCI you will benefit from:
Granular analysis of current industry issues: trading & new deals; personnel and regulations.
SCI Market Data - the industry's most comprehensive service, includes: Deal pipeline; 10-year ABS deal database; Secondary market prices; CLO manager transfer database, Loan events & CMBS, Arrangers' league tables; Jobs swaps
Dedicated coverage of emerging themes and sectors such as Capital Relief Trades, Marketplace Lending ABS; NPL Securitisation; Impact investing, and other emerging & esoteric asset classes.