In the wake of interest over cat bonds, the Small Business Administration is looking at putting together a disaster relief loan portfolio that has potential ABS issuers lining up.

The agency will soon be shopping around the first tranche of a $9 billion loan portfolio, with $6.5 billion of that in disaster home and business loans - assistance loans granted following natural disasters. The portfolio has significant geographic diversification, with loans involved from all states, plus Guam and Puerto Rico.

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