-
Interest diversion cushions assessed
Jamestown CLO IV is thought to have become the first post-crisis US CLO to fail its interest diversi...
News 29 February 2016 -
Euro secondary flurry
The European securitisation secondary market saw a flurry of activity on Friday. After declining v...
SCIWire 29 February 2016 -
Supply and demand
Capital relief trade pricing, liquidity discussed
Demand for capital relief trades has outweighed supply in recent years, driving prices lower, accord...
News Analysis 26 February 2016 -
Negative cash balance 'adds risk'
Negative trade date cash balances in European CLO 2.0 transactions could increase, says Fitch. The r...
News Round-up 26 February 2016 -
Mortgage movers
Non-bank lenders reshaping UK RMBS
Tough capital constraints are weighing on the incentive of large incumbent lenders to maintain a str...
News Analysis 26 February 2016 -
Euro secondary slips
Activity and pricing levels have slipped further in the European securitisation secondary market. ...
SCIWire 26 February 2016 -
Euro CLO comeback?
Increasing activity could be a sign of a return to form for the European CLO secondary market, but i...
SCIWire 25 February 2016 -
Brexit implications weighed
The UK will hold a referendum on 23 June to decide whether to stay within the EU. Uncertainty about...
News 25 February 2016 -
Stabilisation sought
CLO equity arb, risk retention remain challenging
Signs of stabilisation in the US CLO market are emerging, after a volatile start to the year that br...
News Analysis 25 February 2016 -
Euro ABS/MBS softens
Weaker wider markets have softened the tone across the European ABS/MBS secondary market. Broader...
SCIWire 25 February 2016 -
US CLO spike
The US CLO secondary market is seeing a spike in activity today. "Today is busier as month-end com...
SCIWire 24 February 2016 -
Drifting out
High-beta spread dislocation continues
As markets sell off and become increasingly volatile, European high-beta securitised paper has widen...
News Analysis 24 February 2016 -
Maturity wave pay-offs projected
Morningstar Credit Ratings projects that paying off US CMBS loans on time will become progressively...
News Round-up 24 February 2016 -
Euro secondary mixed
The European securitisation secondary market continues to experience mixed fortunes. "Liquidity re...
SCIWire 24 February 2016 -
US CLOs steady
The US CLO secondary market looks to have stabilised but remains fairly quiet. "It seems like thin...
SCIWire 23 February 2016 -
Euro secondary starts slowly
It was a slow start to the week for the European securitisation secondary market, but today looks li...
SCIWire 23 February 2016