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Decline of European ABCP Markets by empower93 empower93 is a document available to read on EtoBox.
What is Decline of European ABCP Markets about?
The decline of ABCPs was due to three main factors: 1) some conduits had large holdings in ABS that significantly declined in value, overwhelming the guarantees provided by banks to support them; 2) structures in other ABCP markets caused uncertainty for investors; and 3) general concerns about the banking sector reduced investor appetite for bank-related products like ABCPs.
- Author
- empower93 empower93
- Language
- EN