Government Support Spurs Robust Rebound in Non-Mortgage ABS Issuance During 2nd Quarter
July 24, 2009
New issuance of non-mortgage ABS more than doubled during the second quarter of this year as U.S. government programs designed to shore up the market helped facilitate huge increases in most sectors of the market. A total of $49.30 billion of non-mortgage ABS were issued during the second quarter, up 121 percent from the first three months of... [Includes three charts]