...By Kevin Corrigan and Michael Dean Despite some indications of improving conditions, navigating the U.S. asset- backed commercial paper (ABCP) marke tcontinues to prove difficult. Since year-end ####, marke tparticipants have contended with many of the same issues plaguing this corn er of the asset- backed securities market since last summer. By the middle of May, U.S. ABCP outstandings had declined to $### billion, down ##% from year-end #### an d ##% from the July #### peak. The declines continue to be attributable to the termination and unwinding of SIVs ...

Report Type: Newsletter
Free Sample: Click Here to Download

Enter the keyword(s) which you would like to search for within this document and click "Search"

 

 Fitch Research
Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.