Euro ABS tightens, but Brexit to curtail sterling issuance in near term

By Tom Brown
08 Oct 2020

European ABS continues to tighten in the primary market, but in sterling, sources say Brexit risk is likely to deter the majority of public issuance.

The European market is set to benefit from attractive spread levels, with issuers expected to place a handful of deals before the end of 2020.

“We see 12 deals in the primary pipeline, and primary and secondary activity last week suggests that both offer choices and unwavering demand ...

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