Monday, April 26, 2010

IFSL Annual Report on Global Securitization

Abstract: Global securitisation markets in 2009 were dominated for the second successive year by funding operations of central banks. These operations kept gross issuance at $2,860bn in 2009, up 3% on the previous year. Excluding central bank funding operations, net issuance sold into the market remained depressed at $548bn in 2009, only a quarter of the $2.1 trillion total in 2007. Globally securitisation has fallen away since the autumn of 2007, due to turbulence in credit markets, a lack of liquidity and a reduction in investors’ tolerance of risk.

The report can be downloaded on the International Financial Services London website here.

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