Archive for the ‘News’ Category

Harley-Davidson in motorcycle loan securitization

Monday, November 23rd, 2009

Underwriters are marketing a $562 million Harley-Davidson Motorcycle Trust asset-backed sale to investors on Monday to be sold under the Federal Reserve’s emergency loan program, market sources said.

The securities backed by motorcycle loans will be sold under the Fed’s Term Asset-Backed Securities Loan Facility, known as TALF, under its next loan subscription round scheduled for Dec. 3.

Read the whole story @ Reuters

Jump in sovereign CDS volumes

Monday, November 23rd, 2009

The volume of activity in sovereign credit default swaps linked to the US, UK and Japan have doubled in the past year because of concerns about their public finances.

Read the whole story @ FT Alphaville