End of Greek stalemate fires ABS

摘要

ABS supply fired up on both sides of the Atlantic last week as clouds over negotiations on the Greek bail-out programme started to part. In Europe, two UK RMBS deals rushed to final pricing on Thursday after holding off for more than two weeks, while two other UK RMBS, one multi-jurisdiction CMBS and a German auto joined the pipeline - injecting some much-needed optimism after months of inactivity.