German auto lenders capitalise on secondary market rally
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German auto lenders capitalise on secondary market rally

German auto loans dominated the primary European ABS market this week. FCE Bank, Ford’s European captive finance arm, sold down Eu300.18m of auto loan ABS originally issued and retained in 2008, while BMW Leasing is to begin roadshows for its second European ABS, the Eu800m Bavarian Sky Compartment 2 today (Friday).

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