Latest ABS news

• Wake-up call for investors in human rights laggards like Heinz and Starbucks

  

  Investors need to use their voices, especially by voting at AGMs, to improve the poor performance of many companies on protecting human rights, according to supporters gathered in London on Monday for the launch of the second annual results of the Corporate Human Rights Benchmark.

  • 14 Nov 2018

• Dongfeng-Nissan kicks off its fourth ABS this year

  

  Regular issuer Dongfeng-Nissan Auto Finance will open books for a Rmb4.43bn ($639.6m) auto loan securitization on Thursday.

  • 06 Nov 2018

• Cyber bond splurge could remain stuck in the ether

  

  Recent developments may help push the risk of cyber attacks onto the capital markets through catastrophe bonds and other insurance-linked securities (ILS). But investors are likely to be wary about taking on too much exposure.

  • 30 Oct 2018

• South Korean bond issuers take charge amid volatility

  

  South Korean bond issuers have defied a volatile market over the past week or so, selling $2.5bn of offshore bonds and giving a rare bit of good news for debt bankers — who admit they are nervous about the future. Addison Gong reports.

  • 25 Oct 2018

• KAL returns to ticket receivables ABS

  

  Korean Air Lines (KAL) closed a $350m secured deal on Tuesday backed by future ticket sales between the US and South Korea, executing the drive-by trade using a credit facility from Shinhan Bank.

  • 24 Oct 2018

• England expects — but how much?

  

  The Bank of England will steer banks and insurers to think seriously about climate change. This is great news in itself. But what will count is how far the Bank is willing to push them.

  • 16 Oct 2018

• Disaster wake-up call: Indonesia sets the stage for cat bonds

  

  The terrible earthquake and tsunami that hit Indonesia’s Sulawesi island last month has served as a wake-up call for the country’s Ministry of Finance, which is now looking at issuing catastrophe bonds.

  • 12 Oct 2018

• ABS: Foreign names seek deals in comfort zone

  

  Supply of asset-backed securities (ABS) is growing in China. But most international banks, investors and originators are sticking to the segment of the market they know best — auto loan ABS. To get these foreign players out of their comfort zone, China needs to introduce more diversity in the market, bankers say. Noah Sin reports.

  • 08 Oct 2018

• Hopes of order in chaotic thinking on impact

  

  As environmental and social “impact” becomes a ubiquitous buzzword in financial markets, the risk of muddle and conflict over what it means has intensified, even giving rise to the term “impact washing”. But efforts to shed light and bring harmony are advancing rapidly, with three major contributions in the space of three weeks.

  • 04 Oct 2018

• TCFD adherence grows as Moody’s points to climate risks

  

  Progress was announced this week on two drives to assess the risk of climate change to businesses. The Task Force on Climate-related Financial Disclosures (TCFD) now has 513 supporters; and Moody’s has updated its environmental risk heat map, showing that 11 sectors with $2.2tr of debt have elevated risk.

  • 27 Sep 2018

ABS news archive