It has been the general consensus that asset-backed commercial paper (ABCP) has left its impact on the first half of 2000, with more good times ahead, as an increase in securities arbitrage programs and ABCP volume is expected going forward, market sources say.

According to a recent report by Fitch, Asset-Backed Commercial Paper: Trends and Advances, the total volume of ABCP exceeded $570 billion for the first half despite the much anticipated Y2K complications that never surfaced.

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