Corporate fleet-lease ABS year-to-date issuance this year is at $1.3 billion, according to Standard & Poor's analysts in an emailed note released this morning.  

They expect that issuance in 2012 will probably exceed last year’s $1.6 billion total, which will improve the sector’s liquidity, analysts said. 

"We believe good underlying collateral performance, continued investor interest and tighter spreads could support higher fleet-lease ABS issuance this year," analysts wrote.

They added that issuance in the sector is also benefiting from the ongoing replacement of vehicles and trucks in a robust used-vehicle market.

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.