In their recent Consumer ABS Weekly, Citigroup Global Market analysts said that the eight to 10 basis point concession for two– to three-year equipment lease ABS is attractive versus auto ABS. They also expect more spread differential compression between these sectors.

Within the equipment lease ABS sector, analysts suggested collateral from CNH Capital America, which is the financial services company of CNH Global. CNH America is a programmatic issuer that has "a long and consistent performance history," they said.

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