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Big Wheels: Auto ABS volume rises 38%

Auto ABS issuance YTD climbed to $53.4B

Amanda Harris

Auto asset-backed securitization volume year to date is 38.3% higher than a year ago, driven largely by an increase in prime issuances. Auto securitization issuance totaled $53.4 billion year to date as of April 5, up from $38.6 billion YTD in 2023, according to data from JPMorgan Securities. Prime auto asset-backed securities (ABS) issuance stood […]

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