ABS Ends Summer Slump with $2.6 Bln in Deals

12 Sep 2011

The second week after Labor Day saw a slug of new asset-backed securities, with $2.6 billion in deals hitting the market Monday from Ally Master Owner Trust, Carmax, CNH Equipment Trust and Discover Card.

The second week after Labor Day saw a slug of new asset-backed securities, with $2.6 billion in deals hitting the market Monday from Ally Master Owner Trust, Carmax, CNH Equipment Trust and Discover Card. “It was a very quiet August, so now you’re seeing the market finally get ...

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