RT Journal Article
SR Electronic
T1 Credit Card ABS Sector Review
JF The Journal of Structured Finance
FD Institutional Investor Journals
SP 148
OP 150
DO 10.3905/jsf.2012.17.4.148
VO 17
IS 4
A1 John Hwang
A1 Tamer El-Rayess
YR 2012
UL https://pm-research.com/content/17/4/148.abstract
AB This panel covered relative value in credit card ABS, trends in credit card asset spreads, and performance and expectations for future credit card issuance. Liquidity and transparency in the credit card ABS sector served as a safe harbor during recent market volatility. The panelists discussed trends in early-stage delinquencies and roll rates, FICO scores, spreads on and new issuances of AAA credit card ABS, and growth of the secured credit card market. An overview of the nearprime credit card market is included.TOPICS: Credit risk management, asset-backed securities (ABS)