ABS flurry positive but not a sign of return to form
- Friday, 12 December 2008
A clutch of asset-backed security (ABS) deals in the last weeks of the year is being taken by market participants as a positive sign for a gradual return to health in 2009, but sources connected to the recent deals from Challenger Financial Services (Challenger), Resimac and Macquarie Leasing counsel against over-optimism.
