A flurry of securitisation deals from regional and non-bank issuers in the first half of July illustrate the continued revival of the asset class as a funding tool for smaller borrowers, issuers and intermediaries say. Securitised issuance is showing signs of increased breadth and depth, with issuers and intermediaries pointing to new foreign currency options as well as signs of life in non-conforming and subordinated tranches.

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