Spanish SME ABS Continues Negative Trend

23 Nov 2009

Spain’s small-to medium-sized enterprise asset-backed securities market will remain weak throughout 2010, according to analysts at Moody’s Investors Service.

-- Daniel O’Leary

Spain’s small-to- medium enterprise asset-backed securities market will remain weak throughout 2010, according to analysts at Moody’s Investors Service. Deals originated in 2004 and onward are seeing higher severe delinquency rates than older deals due to less seasoning and the poorer quality of the collateral backing ...

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