Special Feature - India Drives the Growth of Securitisation in Asian Markets, Says Moody's
Source: Asia Insurance Review | Jun 2008
Asian new markets recorded a spectacular growth of 68% to US$19.8 billion, said Moody’s Investors Service in its special report on “Securitisation in New Markets”. The growth was driven by India which accounted for almost 75% of the issuance, with over 400 transactions but a small average deal size. Malaysian issuance ranked second (11% of the region’s total), with one-third of this issuance being sukuk (Islamic bond) transactions.
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