Europe’s ‘versatile’ ABS market draws debate
Analysts warned this week of securitization’s drift into a private, bilateral and less visible type of market at the expense of the public market, despite last year's primary pipeline churning out the highest volume of publicly syndicated bonds since 2011.
Bank of America Merrill Lynch analysts wrote on Monday of the declining volumes of publicly syndicated deals from banks, in favour of cheaper funding options, while private risk transfer deals are on the rise.This trend, which the analysts also warned of last year, means the market ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org