Perspectives - Kevin Stephenson

10-year anniversary

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In 1995, Asia-Pacific securitisation was a twinkle in the eyes of only a few crystal ball-gazing bankers. A handful of deals had been done in Japan and Australia, but these were not something on which to build a career. From virtually zero in 1995, domestic and cross-border securitisation issuance in Asia-Pacific has grown remarkably and should exceed $150 billion in 2005. While Australia and Japan got the ball rolling, the majority of countries in Asia-Pacific now have a securitisation mark

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