European ABS market grows in line with expectations

The European ABS market grew by 15% in the first half of 2006, according to a report by HSBC published yesterday. This year-on-year growth was in line with expectations. The market now stands at €177bn.

Within the ABS sector, RMBS continued to account for the lion’s share of volume, at 54%. The market was buoyed by a strong performance in Italy, where RMBS issuance was up by half. UK non-conforming RMBS (a sub-prime category) also grew by 42%, counterbalancing a disappointing showing by prime UK

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: