Subway whole biz orders pass $23bn as stars align for esoteric ABS
![A Subway outlet in Sydney, Australia](https://assets.euromoneydigital.com/dims4/default/84e7694/2147483647/strip/true/crop/5493x3662+0+0/resize/840x560!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fda%2Fe5%2Fe21061b64b22861d1a6d81692ced%2Fh6a4r8.jpg)
The deal is almost seven times oversubscribed as higher spreads on esoteric asset classes lure investors
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