“This will keep spreads from tightening in too much. Summer is tough to get things done, but what issuers can’t get out in July they will be pushing into September. If July doesn’t pick up, then September will probably be pretty big.”

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“This will keep spreads from tightening in too much. Summer is tough to get things done, but what issuers can’t get out in July they will be pushing into September. If July doesn’t pick up, then September will probably be pretty big.”

—Gordon Kerr, London-based head of ABS research at Citigroup, on the expected summer issuance period for European ABS.

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