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Strong investor interest boosts auto ABS issuance in August

Westlake, BMW, Ally among initial issuers

The auto asset-backed securitization market picked back up this month after a short slowdown in issuance in late July.  Several issuers increased the size of ABS deals issued in early August amid continued investor interest. Temporary concerns about funding cost volatility also eased following the Federal Reserve‘s decision on July 29 to hold benchmark rates steady, according to […]

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