Improvement in ABCP outlook sparks hopes of recovery

Signs that the asset-backed commercial paper (ABCP) market is gradually stabilising have sparked hopes that the credit crisis could be bottoming out.

Many commentators have warned that the recovery of the structured finance market will hinge on the ABCP sector (which invests heavily in mortgage-backed securities) bouncing back.

Data from the Federal Reserve shows ABCP outstanding in the US is now on the increase. It rose by $26.3 billion (to $773.8 billion) in the first week of January, by $4.8

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here