Outlook for Asset Backed Securitization in Germany

Following a strong start in the first half of the year, the German securitization market looks set to keep pace with last year's fast growth. Total risk transfer in the ABS and CDO/CLO area already represents nearly 60 percent of last year's volume and the issuance of CMBS should also assist, as it now represents nearly 50 percent of European new issue volumes year-to-date. This is also considering that last year's ABS volumes were mainly driven by the jumbo transaction German Postal …