On November 3rd, the Financial Times ran an article entitled: "Asset-backed paper:too much, too soon?". Despite its ambiguous title, the thrust of the article is that investors are showing renewed interest for the European securitisation market. The article mentions the excellent credit performance of European ABS but also draws attention to the impact on issuance of very loose monetary policy by central banks. The article may be found here (please note it lies behind a paywall)
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