U.S. Credit Card ABS Issuance Set To Soar

28 Feb 2013

Issuance of U.S. asset-backed securities linked to credit card payments are set to surge to a four-year high in 2013, topping $50 billion for the first time in four years, according to Fitch Ratings.

Issuance of U.S. asset-backed securities linked to credit card payments are set to surge to a four-year high in 2013, topping $50 billion for the first time in four years, according to Fitch Ratings. “The spike in new issue activity since the latter half of last year is ...

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