Spanish Retained Issuance Sees Sharp Drop-Off

20 Aug 2008

Issuance of retained securitizations by Spanish banks has dropped off sharply in July and August in comparison with May and June.

--Alex Sebastian

Issuance of retained securitizations by Spanish banks has dropped off sharply in July and August in comparison with May and June. The drop-off is more a result of a combination of the individual banks’ policies, accounting and funding requirements than any specific factors, according to analysts at ...

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