-- Ranajoy Sakar, associate director and CDO and ARMS analyst at Bear Stearns, on the potential of credit default swaps on collateralized loan obligations being the "new new" thing in 2006.
Tight funding levels and an abundance of investor cash made for brisk MTN issuance in 2025. The story may change in 2026, with public market issuance named as one factor that could crowd out private placements. But a broadening Asian bid for MTNs offers hope for the market, writes Diana Bui
