A flight to quality for student loan ABS

students
By Ryan Bolger
16 Dec 2014

Uncertain macroeconomics and wary international investors have inspired a flight to US assets, including student loan ABS which market participants say has experienced an increase in secondary market trading along with solid and stable investor participation near year end.

“Things are trading well right now because student loans are a high quality asset backed substantially by the US government,” a managing director specialising in ABS at a US brokerage said. “We’re experiencing dislocation in the currency markets, so anything like student loan ABS is a tremendous place ...

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