The tide seems to have turned against traditional balance-sheet securitisation, with banks having packaged off the most liquid names on their books, and decreased appetite for new deals. But while high-grade volumes have shown a steady decline over the past few years, demand for middle-market loan securitisations has picked up. The market is, however, likely to see a shift away from the synthetic structures that have dominated to date.
Synthetic balance-sheet deals have declined steadily s
The week on Risk.net, July 7-13, 2018Receive this by email