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Wage pressures weigh on Arsenal bonds
Arsenal Football Club's record signing of Mesut Ozil for £42.5m could be a concern for Arse...
News Round-up 3 September 2013 -
STACR to receive NAIC designation?
NAIC appears to have abandoned its proposal to alter the process used to derive ratings for RMBS and...
News Round-up 3 September 2013 -
CDO auctions due
Auctions have been scheduled for two ABS CDOs on 23 September. Collateral from the Libertas Preferre...
News Round-up 2 September 2013 -
Euro ABS may stay quiet
It has been a typically quiet August for European ABS as traders take their holidays, although there...
Market Reports 30 August 2013 -
Autos bump up ABS volume
US ABS secondary volume was up yesterday, driven by a list of short block sized auto bonds. SCI's Pr...
Market Reports 29 August 2013 -
Liquidations lead to subprime surge
Subprime paper stole the show as US RMBS non-agency BWIC supply approached US$1bn yesterday. The glu...
Market Reports 28 August 2013 -
Sales put GSEs on course
Since announcing that the GSEs would reduce their less liquid holdings by 5% this year, at least six...
News 28 August 2013 -
C tranches cause CLO market stir
SCI's PriceABS data shows a mix of US CLO names out for the bid yesterday. Offered tranches were bia...
Market Reports 27 August 2013 -
Credit manager adds four
CVC Credit Partners has strengthened its teams in Europe and the US with four new hires. Ran Landman...
Job Swaps 23 August 2013 -
Slower RMBS liquidation rates observed
Morningstar projects that it will take 41 months to clear RMBS distressed inventory in the US, given...
News Round-up 23 August 2013 -
CMBS volume recovers as spreads widen
At US$605m, US CMBS bid-list supply was relatively heavy yesterday, as the sector recovered from a m...
Market Reports 23 August 2013 -
CHAIT bonds boost ABS supply
Over US$300m of BWIC supply hit the US ABS secondary market yesterday and a significant portion of t...
Market Reports 22 August 2013 -
Ambac supplemental payments discussed
The segregated account of Ambac Assurance is this month expected to begin making cash payments on ce...
News 20 August 2013 -
Non-agency leans on legacy list
US non-agency RMBS secondary supply shot up yesterday to around US$1.25bn on the back of a US$1.1bn...
Market Reports 20 August 2013 -
Multifamily in focus during summer slow-down
August is traditionally a quiet month for the secondary markets, but activity has been picking up in...
Market Reports 16 August 2013 -
Agency prepays to decline sharply
US agency RMBS prepayment speeds are projected to decline sharply over the next two months as rising...
News 15 August 2013