ABS market professionals spent much of last week tallying up production from the first quarter. Notwithstanding the typical sluggishness brought about by the opening days of a new fiscal period, volumes were modest.

By press time, market professionals expected to see about $4.5 billion in new securitizations come to market. The pace of issuance was "better than normal," said one market professional.

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.