ABCP

Highlights

• 16 Apr 2013
  • EMEA ABCP issuance levels: December 2012
    Total EMEA ABCP issuance fell below $100 billion to $87.6 billion from $107.2 billion in the previous quarter, representing a decrease of 18%. Contrary to Q3 2012, contraction in the ECP market segment primarily drove the $19.6 billion reduction, while USCP and Billet de Trésorerie issuance increased slightly... Full Report
• 18 Mar 2013
  • New quarterly Canadian ABCP report & web page for structured finance
    Inside the Canadian ABCP Market,” a new quarterly report on the sector, offers a snapshot of the market at discrete points in time as well as over a period of time, and complements existing research, including our annual Canadian outlook. We also announced the launch of a new web page dedicated to Canadian structured finance available at www.moodys.ca… Press Release l Full Report
• 30 Jan 2013
  • Global ABCP Outlook
    The US ABCP outlook is stable, primarily because of the credit quality of the bank program sponsors and support providers. The Canadian ABCP program outlook is strong, based on robust credit quality of the funded assets and the stable credit quality of the banks providing liquidity support. The credit quality of new transactions will be of the same high investment-grade quality as that of existing transactions. In Europe however, bank risk will remain a critical issue for ABCP programs, which will be vulnerable to further reductions in government support for sponsoring banks with exposures to weaker euro area economies...Full Report​​​