The ABS primary market is back on track with another solid summer week of nearly $14 billion of new issues priced and circulating in the market.

Last week the Federal Reserve raised the target Federal Funds rate another quarter-point to 3.5%, but the move hardly ruffled any feathers in the ABS market. Investors had a healthy variety of deals to digest. Along with the usual spate of real estate deals, there were autos, credit cards, a student loan deal, an equipment deal and even a deal backed by toll road receivables, a relative rarity in the U.S. 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.