Friday, June 29, 2007

U.S. ABS issuance falls in first half of 2007

(Reuters) - Analysts had predicted at least a 30 percent drop in
subprime loan originations for this year.




Citigroup was the top underwriter of asset-backed
securities in the first half, underwriting $66.1 billion worth
of ABS deals via 109 offerings, Thomson said.


Read more at Reuters.com Bonds News

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