It has been a no-holds-barred week for pipeline RMBS issues generated from across continental Europe, as the markets prepare for a flux of large prime consumer ABS paper.

"Over August and September we didn't see many flow deals at all," said Birgit Specht, director of debt research and head of ABS at Dresdner Kleinwort Wasserstein. "In August, most market participants were on holidays, and deals then got delayed by the events in the U.S. Prime consumer ABS paper in the safest form is RMBS. Typically large in size these deals generally fare better when the investors are present."

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.