Asset-backed debt sales top $313 Billion, beating post-financial crisis record
Asset-backed securities sales surpassed 2021’s $312.6 billion
Sales of debt backed by everything from auto loans to airplane leases to Subway franchise fees have hit their highest level since the financial crisis, as banks try to meet new capital rules and insurance companies clamor for higher-yielding debt. Asset-backed securities sales have topped $316 billion, surpassing 2021’s $312.6 billion, data compiled by Bloomberg […]
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