Covered Bond Surge Splits ABS Industry

31 Aug 2011

Securitization professionals in London are divided on the impact the recent surge in covered bond issuance in Europe will have on the yet-to-reopen asset-backed and residential mortgage-backed securitization markets.

Securitization professionals in London are divided on the impact the recent surge in covered bond issuance in Europe will have on the yet-to-reopen asset-backed and residential mortgage-backed securitization markets.

Covered bond issuance hit about EUR14 billion ($20.1 billion) midweek, with ING Bank, UniCredit, Barclays Capital, Swedbank and Erste ...

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