Auto ABS to launch off back of Fed statements

Yellen Dec 14
By Ryan Bolger
17 Mar 2015

New auto ABS issuance is expected to price after the Federal Open Market Committee’s statement tomorrow.

Aside from a deal that Ford Motor Credit launched on Tuesday, the auto ABS market has been mostly quiet this week. Market participants told GlobalCapital they believed anticipation over the Fed’s comments was partly to blame for the brief dip in new issuance.

“It has definitely been slower ...

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