Moody's Investors Service is predicting another good year for the ex-Japan Asia market in 2005, with Korea, Singapore and Taiwan likely to generate most of the business. In its 2004 Review and 2005 Outlook, the agency also notes that China, with two pilot securitization schemes in the works, has the potential to be Asia's largest market.

Last year, Moody's rated 27 cross-border securitizations worth $5.2 billion. That bettered the previous record year total in 2002, but it is not just the total that encourages Moody's analysts.

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.