As high anxiety continues to grip plain vanilla Emerging Market debt, a window appears to have opened for ABS. Two transactions priced last week and another one is due out this week, according to sources.

In the second LatAm ABS deal led by Wachovia Securities, Banco Salvadoreno priced a US$100 million transaction on May 27, according to sources. Dollar-denominated diversified payment rights backed the deal.

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