During the past few years, the focus on asset-backed securities (ABS) and securitisation in general, has dramatically increased in the Nordic region. Originally seen as a secondary, or even tertiary, choice (if any) for most borrowers, corporates and banks have started to show real interest in the ABS market. During the 1990s, only a handful of Nordic borrowers seized the opportunities presented by the ABS market. The lion’s share of securitised transactions was based on assets stemming from rea
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