Gradual deal flow likely as NZ securitisation gets back on the agenda
- Wednesday, 11 August 2010
Signs of life appear to be emerging in the New Zealand securitisation arena, with one issuer recently having established a programme and at least one other understood to be sizing up a deal. But market participants are tempering expectations by stating that this year's deal flow is likely to be limited as investors continue to be wary of non-bank names, with more activity anticipated to come through in 2011.
