Structured Credit Investor SCI's 3rd Annual Risk Transfer & Synthetics Seminar 2019
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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.


  • Risk retention for Japan?

    Sector developments and company hires

    ILS Sarah Demerling has joined Walkers Bermuda as a partner in the firm's corporate, finan...

    Market moves    16 January 2019
  • US firms see flurry of hires

    Sector developments and company hires

    US Bay Crest Partners has bolstered its fixed income business with a trio of senior hires: Tadeusz...

    Market moves    10 January 2019
  • Cross-currency basis

    US CLO market update

    All but a few US CLO new issues have been postponed until 2019, although at least one deal is set to...

    Market Reports    19 December 2018
  • Deal delay?

    European ABS market update

    A trader reports that nothing has been heard of the Alhambra SME Funding 2018-1 deal, which &ldq...

    Market Reports    18 December 2018
  • SCI Start the Week - 17 December

    A review of securitisation activity over the past seven days

    Market commentary European CMBS BWIC activity swelled after the Taurus 2018-3 DEU deal priced last...

    News    17 December 2018
  • Selling spike

    US CLO market update

    There has been a spike in selling of investment grade paper on the US CLO secondary market, coming m...

    Market Reports    11 December 2018
  • Bid scarcity

    European ABS market update

    A major UK bank is focusing efforts of European NPLs in the coming weeks, as spreads continue to wid...

    Market Reports    7 December 2018
  • Deals pulled?

    US CLO market update

    Several US CLO deals are believed to have been pulled from the pipeline and pushed back to 2019, ami...

    Market Reports    6 December 2018
  • Print and sprint

    US CLO market update

    US CLO BWIC activity is booming ahead of tomorrow’s market holiday in honour of former pre...

    Market Reports    4 December 2018
  • Activity upsurge

    European ABS market update

    The European primary and secondary ABS markets are seeing a surge in activity, due to uncertainty ov...

    Market Reports    4 December 2018
  • SCI Start the Week - 3 December

    A review of securitisation activity over the past seven days

    Market commentary European ABS activity remained subdued last week, with spreads drifting wider, du...

    News    3 December 2018
  • Term leveraging

    European ABS market update

    The European primary ABS market is still drifting wider, due to concentration of supply. &ldqu...

    Market Reports    29 November 2018
  • Mezz concessions

    US CMBS market update

    US CMBS new issues appear to be struggling, following market volatility at the beginning of the week...

    Market Reports    28 November 2018
  • Timing issues

    European ABS market update

    The two-year senior notes of Compass Banca’s €900m Quarzo Series 2018 consumer AB...

    Market Reports    28 November 2018
  • Green wave

    International RMBS market update

    A pair of RMBS bid-lists comprising mostly senior non-conforming and prime collateral are set to hit...

    Market Reports    27 November 2018
  • Start the week - 26 November

    A review of securitisation activity over the past seven days

    Market commentary US CLO equity and double-B bonds were casualties of last week’s drop i...

    News    26 November 2018
  • Softening activity

    European CLO market update

    The European CLO market is relatively quiet due to the Thanksgiving holiday in the US, but the pipel...

    Market Reports    22 November 2018
  • Hesitant appetite

    US CLO market update

    US CLO equity and double-B bonds were casualties of the drop in the S&P 500 index yesterday,...

    Market Reports    21 November 2018
  • Bloodbath blues

    European ABS market update

    The European ABS market has repriced, after taking a hit yesterday when the S&P 500 index pl...

    Market Reports    21 November 2018
  • Buyer fatigue

    US CLO secondary market update

    The US stock market is 400 points down today (20 November) and is being described as an “u...

    Market Reports    20 November 2018
  • Credit clutch

    European ABS market update

    The European ABS slow-down continues, with prices drifting wider and subdued credit growth across th...

    Market Reports    20 November 2018