South Africa securitisations facing downturn – Moody’s

South African securitisations are deteriorating but their ratings remain secure for now, according to Moody’s Investors Service.

“The market’s still in a good position but we are probably at a turning point,” says Christophe de Noaillat, team leader for South African structured finance at the rating agency in London. “Delinquency numbers have increased but they started from a low base, so even if it gets worse it’s not cataclysmic. You have strong structures and strong originators, and it’s too e

To continue reading...

You need to sign in to use this feature. If you don’t have a 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 indvidual account here: