Non-US ABS volumes for first half of 2011 are 53% higher than for the same period last year, and are 6% higher than for the second half of 2010. This is surely an indication of revival of asset-backed securities, even as European issuers continue to struggle with the troubles in the Euro Zone.

Rating agency Moody’s in its earnings report for first half of 2011 also revealed data about earnings from non-US structured finance transactions, including covered bonds, showing evidence of increase in revenues.

US ABS volumes for the first half of 2011 also registered nearly 14% growth. Note that the ABS data in case of USA excludes mortgage-backed securities.

The data above are based on www.abalert.com

[Reported by: Vinod Kothari]

To see our recent news on securitisation click here

Join our mailing list for regular news fed direct into your mailbox

Before you leave ...

Have you enrolled for the most popular feature on my website - our mailing list?
Any reactions, good or bad - please do post them on our guestbook
Have any interesting materials or links to suggest - shall be obliged for your contribution - e -mail me

Copyright ...Unless otherwise mentioned, all materials on this site are subject to the sole copyright of Vinod Kothari- their reproduction and use in any form is strictly prohibited. Downloading for personal use (and not circulation) is permitted, provided the credit of such materials to Vinod Kothari is preserved. No permission is required for linking to any of the materials on this site.