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The article focuses on the prospective recovery of the European asset backed commercial paper (ABCP) sector driven by the improved investor education. It notes that the outstanding paper of the ABCP market remained quite stable throughout 2009. According to the author, the greatest threat to the recovery comes from impending and potential regulatory modifications, such as the proposed regulations published by the Basle Committee on Banking Supervision and the European Commission in July 2010, which changed proposals put forward in January.

Focuses on the business performance of medium term notes and commercial paper market in Europe, as of April 30, 2004. Increase in the interest rate of securities; Reason for the decline of bond issues; Percentage increase in the asset backed securities.

The article reports on a strong demand for asset-backed commercial paper (ABCP) within the financial market in Europe. It mentions that the growing demand for euro-dominated ABCP has enabled asset backed paper to be placed at a tighter spread. One dealer from London, England claimed that some people are using the cyclical condition of the dollar market as an opportunity to acquire longer paper while others prefer to wait for the market to reach equilibrium.

Presents graphical and tabular representations of trends in medium-term notes (MTN) and commercial paper (CP) issuance in Europe as of July 21, 2005. German Landesbanks by outstanding EuroMTNS; Top EuroMTN issues; Asset backed EuroCP outstandings.

Presents information on the status of the medium term notes (MTN) and commercial paper (CP) markets in Europe as of March 17, 2005. Top Euro MTN issuers of the week; Private market weekly Euro MTN volumes by currency; Asset backed Euro CP outstandings.

Presents data on the market performance of medium-term notes (MTN) and commercial paper (CP) issues in Europe as of February 24, 2005. Top Euro MTN issuers of the week; MTN structured league table ranking; Asset backed euro CP outstandings.

Presents statistics on medium term notes (MTN) and commercial paper (CP) issues in Europe as of August 12, 2004. Top Euro MTN issuers; Investment banks which top the MTN structure market; Asset backed Euro CP outstandings.

Discusses the trends in the European commercial paper market in 2005. Status of the spread market in the banking sector; Reduction in the senior unsecured debt rating of Ford by Fitch; Information on the rating given to an asset-backed commercial paper programme of Bayern LB by Fitch.

The article reports on the growth posted by the asset backed commercial paper (ABCP) market in Europe and the U.S. Some market participants warned that shrinkage was likely and that conditions were far from back to normal. Weekly ABCP outstandings in the U.S. increased from $773.8 billion on January 2 to $778.6 billion on January 9, 2008, according to Federal Reserve figures. Meanwhile, Euro ABCP outstandings have gone from $154 billion at the end of December 2007 to $159 billion to January 10, 2008.

Presents an update on the European commercial paper (ECP) market as of August 2005. Status of the asset-backed commercial paper sector in the ECP market; Expected interest rate cut of the sterling by the Bank of England's Monetary Policy Committee; Establishment of an ECP programme by Caja Madrid.

Reports on the condition of the euro commercial paper market in Europe as of August 5, 2005. Worth of commercial paper brought by Banque Fédérative du Crédit Mutuel to the market; Possible entry of several U.S. corporate borrowers in the euro market, including engineering firm Honeywell; Percentage of asset backed commercial paper being accounted for by banks.

Comments on the condition of commercial paper issues in U.S. dollars in Europe, as of October 2004. Market share of bonds issued in U.S. dollars; Background on an increase in the demand for the maturity extension of CP in dollars; Information on the level of euro denominated asset-backed commercial paper purchasing. INSETS: Table commentary;Leak table.

The article presents an update on the European medium-term notes and commercial paper markets as of September 2006. Simba Funding Corp. launched a Eu40 billion single-seller asset backed commercial paper conduit on September 14, 2006 which was sponsored by ING Bank. The number of enquiries for Euro-commercial paper has increased over the previous week despite core currencies remained in the 75-80 day range.

Reports on the status of the commercial paper (CP) issuance market in Europe in July 2005. Success of the Rhein-Main Securitization asset backed CP program of Deutsche Bank; Possible reduction of interest rates in August; Percentage of CP deals in the market taken by banks.

Assesses the European and U.S. corporate papers (USCP) as of December 5, 2003. Reason for the decrease in USCP; Value of the European corporate papers; Data on U.S. asset backed corporate papers issued by the U.S. Federal Reserve.

The article reports on the limited trading of commercial paper by banks in Europe. One dealer noted that it is still hard for financials and corporates and others agree that while sovereign names are able to place longer-dated paper, even those banks perceived as safest do not have that luxury. There have also apparently been some asset-backed flows. All dealers agreed that the Irish bank guarantee seemed to be a positive move, though its full effects have yet to be felt. So far, among those that traded include Allied Irish Bank and Dealogic.

The article elaborates the view of Fitch Ratings on the European asset-backed commercial paper (ABCP) market in 2008. With the market bottoming out, Peter Winning of Fitch Ratings stated that there are some investors who are still buying, and some of the well-established multiseller conduits are managing to issue genuine paper to investors. Dealogic figures show that European ABCP fell month on month in 2007, from $271.29 billion at the end of July 2007, to $105.33bn at the end of June 2008.

The article reports on the strength of demand for bank paper in Europe in October 2007. It states that as asset backed commercial paper (CP) outstandings have fallen steadily in Europe, bank issuers have printed more and more paper. According to dealers, demand for bank paper was strong, with maturities as long as three to six months. While spreads for bank issuers rose in the middle of the subprime crisis, they have since fallen back to more familiar levels for issuers.

The article reports that asset-backed conduits and structured investment vehicles have been selling assets and reducing commercial paper borrowing since the beginning of the credit crisis in August 2007. The European Commercial Paper (ECP) market has seen its fair share of that decline, with total asset-backed outstandings falling by 16% from July levels.

The article reports on the condition of the asset backed commercial paper market in Europe in the last week of July 2007. Some had feared that the market might seize up if investors were frightened off by the news about IKB, but dealers said most issuers were able to find demand for their paper, though they had to pay wider spreads than a few months ago. According to Sarah Repucci, a director at Fitch Ratings, there were worries over the last week but they have been bailed out now.

The article focuses on the performance of asset-backed conduits in the euro commercial paper (ECP) market in July 2007. Conduits are paying an average of about 1 basis point for spreads which is higher compared to June. One dealer cites the significance of demand for paper to spreads. A trader notes that traditional money market fund investors were still absent in the ECP market.

The article reports on the growth of the European commercial paper (CP) market due to the issuance of conduits and asset backed CP to finance new assets. The price of financial instruments have declined because of expectations that large banks will sell some of their assets in preparation for the end of fiscal year in November 2006. Demand for longer dated dollar persisted in Asia. CP Euro issuers anticipate that future rate from the European Central Bank will increase.

The article presents an update on the European commercial paper (CP) market as of February 2006. There was an increase in yen denominated interest due to a higher yield and more choice for investors who needed positive yield in yen. The liquidity of the market affects the issuance of asset backed CP conduits. Ebbets Funding issued the first trades off its $20 billion shelf.

Assesses the financial performance of the commercial paper (CP) market in Europe as of February 25, 2005. Trading patterns in euro-denominated CP; Typical majority share of issuance recorded by national currencies euro, dollar and sterling; Information on asset backed securities programmes share of new issuance.

Presents an update on the European commercial paper market as of July 2, 2004. Worth of the hybrid asset backed commercial paper (ABCP) programme from Norddeutsche Landesbank (NordLB); Credit rating of the NordLB ABCP; Purpose of the Picaros ABCP of KBC Financial Products UK.

The article focuses on Fitch Ratings' prediction that the European asset-backed commercial paper (ABCP) market will begin to grow again after three years of decline in issuance.

The article reports on the continued decline of asset-backed commercial paper (ABCP) outstandings in Europe and in the U.S. as of October 2007 as investors navigate the ABCP territory very carefully. The greatest shrinker is the JP Morgan conduit Ivory Funding Corp. Its outstandings in Europe have fallen by 65.8 percent since October 5 to $296 million on October 25, and by 87 percent since the end of July.

The article offers updates on the commercial paper (CP) issuance market as of January 2006. The global flow of CP issues on January 26 was valued at around $13 billion. Principia Partners launched an integrated asset-backed commercial paper program. IXIS CIB has added Bank of America in the dealer panel of its European CP program.

Reports on the forecasted launch of securities arbitrage programmes in the European and U.S. asset backed commercial paper markets in 2005 to replicate the success of the programs launched by BSN Capital. Projected value of the deals; Impact of the programs on the asset backed commercial paper market; Details of the Chesham and Ebury Finance deals released by BSN Capital.

Focuses on the status of the European commercial paper (ECP) market as of June 17, 2005. Impact of the statement issued by U.S. Federal Reserve chairman Alan Greenspan concerning the increase in interest rates on the market; Value of ECP spreads in American dollar denomination for asset backed commercial paper; Intention of Mitsui & Co. to return in the debt market.

Reports on the improvement of the credit arbitrage programs issued to the European asset backed commercial paper market (ABCP) in 2004. Performance of the ABCP market in 2004; Number of ABCP programs established in Europe; Impact of the demand for asset backed bonds in 2004 on spreads.

Presents an update on the performance of the Euro commercial paper (ECP) market as of July 28, 2005. Asset backed Euro CP outstandings; Top ECP issuing currencies of the week; Top Euro CP issuers of the week.

The article reports on the strong performance of asset backed commercial paper (ABCP) market due to healthy levels of new issuance in the market. Participants in the Global ABS conference, which was held in London, England, in June 2009, talked about the lack of new transactions in the ABCP market. According to Dealogic, outstanding ABCP in the European commercial paper market is reduced at the end of June 2008 and June 2007.

The article reports on the expected finalisation of Deutsche Bank's securitisation of German commercial real estate SPV German Residential Funding PLC in Europe. It will be funded in the commercial paper market. The entire securitisation deal totals Eu2.66 billion and is being completed in conjunction with Fortress' initial public offering of its German property assets.

The article reports on the signing of the European commercial paper programme of Chelsea Building Society in England on November 15, 2006. Royal Bank of Scotland is the arranger of the transaction. The programme aims to add flexibility to the funding activities of the company. The asset backed conduits are increasing their issue levels and widening spreads to attract investors.

Focuses on the growth in Euro commercial paper (ECP) in Europe in the first quarter of 2005. Percentage increase in ECP deals; Value of the asset backed ECP programme of ING Bank; Key to the success of the asset backed ECP product.

Focuses on the performance of the Euro commercial paper (ECP) market as of March 2005. Effects of the decision of MPC to hold rates on the sterling money funds; Banks that plan to venture into the ECP market; Structured deals that contributed to the increase in share of CP issuance in the asset-backed sector.

Focuses on the growth of the asset backed commercial paper (ABCP) market in Europe. Factors impacting the growth of the ABCP sector; Issues surrounding the growth of the European ABCP market; Outlook of bankers and investors for the market.

Reports on the need for transparency in the asset backed commercial paper (ABCP) sector in Europe. Significance of ABCP in the growth of EuroCP; Benefits of ABCP for investors; Types of structured programmes classified as asset backed; Importance of educating investors in the ABCP sector.

The article presents an update on the commercial paper (CP) market in Europe and the U.S. as of August 2006. The American dollar denominated CP has gained advantage from increased interest in 2005. German Residential Funding Plc has issued its first CP in both the Euro and US CP markets via Deutsche Bank and Goldman Sachs. It forecasts that asset backed issuance will increase.

The article presents an update on structured financing in Europe as of February 2006. The increase in the demand from investors has influenced the decision of mortgage lender Obvion to expand its securitisation of residential mortgages. MBNA Europe Bank is expected to launch its delinked Cards master trust. Barclays Capital has launched a new issuer to the British securitisation market.

Reports on the emergence of hedge funds and other investment companies as sponsors of asset backed securities programmes in Europe as of December 10, 2004. Plan of mutual fund manager DWS Investments to launch a structured investment vehicle in 2005; Involvement of Goldman Sachs in the structured investment vehicle of hedge fund manager Cheyne Capital Management; Actions to be taken by Scottish Widows Investment Partnership regarding its investment in the asset backed commercial paper product according to Duncan Thomson, investment director in triple-A money market funs run by the company.

Comments on trends in the European commercial paper market in the first half of 2004. Volatility in the market; Worth of the total new issuance on July 1, 2004; Total market outstandings by the end of the first half; Performance of the three principal currencies; Growth of asset backed CP issuance; Leadership of Deutsche Bank in a range of new EuroCP programmes.

Several charts are presented that show dealers of private European mid-term notes (EMTN) and commercial papers and dealers of all structured EMTN.

The article presents news briefs on Eurocommercial paper (CP) in the financial services industry as of December 9, 2005. The first deal on a EuroCP program of the Republic of Lithuania was issued. Chelsea Building Society has brought its inaugural trade on the market. Johnson & Johnson has failed to issue a deal. The performance of the average maturities across the core currencies in the region is reported by dealers. The asset-backed sector has taken about 27% of the market deals.

The article reports on five asset-backed commercial paper (CP) conduits that are expected to be launched in the European market in the initial months of 2006. Several U.S. entities are said to be planning an addition of a EuroCP issuance capacity to their U.S. CP programs. Clients of the entities are looking for European assets to fund.

Reports on the decision of ABN Amro to sign an asset backed Euro commercial paper programme through its Amstel Euro Funding SPV. Schedule for the launch of the first asset issue in Europe; Companies involved in the deal; Ratings of the credit facility.

The article discusses how U.S. investors failed in the recovery of European securitization market in 2013, and how the amount of new issuance with dollar trances has collapsed because of less reliant European banks. Particular focus is given to the discussions of the delegates at the Asset Backed Securities (ABS) East 2013 conference held in Miami, Florida in October 2013. Comments from Standard & Poor's managing director James Wiemkin and Lloyds Bank's director Bob Paterson are included.

The article discusses the highlights of the Asset-Backed Securities (ABS) East 2013 conference held in Miami, Florida, wherein delegates heard about the drop in the amount of issuance with dollar tranches in the European asset-backed securities market. The less reliance of European banks on the capital markets in favor of central bank funding initiatives is cited as a factor to the decline. Speakers tackled issues in the panel "Weaning Off Federal Funds and the Subsequent Impact on Our Market."

Presents updates on structured finance in the financial services industry in Europe as of September 9, 2005. Information on a public securitization of automobile loans of Volkswagen; Portfolio sale of non performing loans of Banca Monte dei Paschi di Siena to Lehman Brothers; Decision of Garanti Bank to begin the marketing of the securitization of its diversified payment rights.