Securities Finance

Equipment-Backed ABSs Weathered 2002, Says Moody's

The year ahead for the equipment asset backed securities industry will be one of modest growth, with 2003's total issuance predicted at $9.3 billion over 2002's $7.3 billion. Public issuance volume will return to its 2001 level of approximately $6.9

Asset-Backed ECP Had A Difficult 2002, Says Moody's

The European asset backed commercial paper (ABCP) market should continue to grow strongly in 2003, albeit at a slower pace, after notching up its third consecutive year of high growth in 2002 despite difficult economic conditions and concerns about regulatory

TradeWeb Volumes Clear $10 Trillion In 2002

TradeWeb, the online fixed income trading platform, executed trades worth $10.8 trillion in 2002 with peak volumes hitting over $80 billion a day and monthly volumes of over $1 trillion. The platform includes 19 major dealers and over 1,200 fund