Asian structured finance issuance rises to $29 billion, says Moody's

Rating agency examines growth in Asian securitisation markets

Moody's Investors Service said in September that estimated issuance in Asia's structured finance markets in the first half of 2007 - excluding Japan, Australia and regional cross-border derivatives - grew to $29.1 billion from $25.5 billion in the first half of 2006. If derivatives are included, the total surpasses $30 billion.

"The growth was mostly driven by increased activity in four markets - India, Malaysia, Singapore and South Korea," says Dominique Gribot-Carroz, associate vice-president

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