U.K. Card Redemptions Could Spark New Demand

28 Sep 2010

The next new issuance of U.K. credit card asset-backed securities should enjoy solid demand thanks to a number of scheduled redemptions over the next few weeks, even though accessing public markets remains tricky, according to London-based ABS analysts.

—Hugh Leask

The next new issuance of U.K. credit card asset-backed securities should enjoy solid demand thanks to a number of scheduled redemptions over the next few weeks, even though accessing public markets remains tricky, according to London-based ABS analysts.

Bank of America-Merrill Lynch’s MBNA CARDS 11 and BCARD ...

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