IFR-ASSET-BACKED-Heavy issuance ahead of holiday week


By Charles Williams and Adam Tempkin NEW YORK, Nov 19 (IFR) - The ABS primary market remained active last week ahead of the Thanksgiving holiday, but is expected to wind down for the rest of the year. "We're pretty much finished for the year, and planning our first-quarter transactions," said a senior ABS banker. "Investors did well this year, and I think they're content to sit back with their profits and wait for 2011." Spreads on triple-A top-tier auto paper held firm for the week, ...

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