The asset-backed market showed positive signs of life last week, with first-time issuers and longtime no-shows hitting the block, market sources said.
"We had a few deals this week," remarked one analyst. "Market sentiment remains very positive. There's a good healthy response and demand is pretty good. Spreads in general remain pretty much unchanged from the previous week if not a tad tighter just because supply is coming up but there's not a huge rush of supply at this stage in the market."