So far this year, $66 billion of new deals have been issued in the ABS market. The prime auto loan ABS sector makes up 25% of total volume, while the combined auto ABS sectors represent 57% of total volume. Meanwhile, student loans comprised 21% of the total loan volume, according to Bank of America Merrill Lynch figures.

BofA Merrill analysts expect a total of $25 billion of student loan ABS to be issued this year, up by an extra $5 billion from their original forecast for the sector.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.