The Spanish securitization market has grown by over a quarter in issuance volume in the first half of 2003. And with the number of deals remaining constant, this indicates that the average transaction size has increased, according to Moody’s, the ratings agency.
A total of 13 public deals accounted for issuance volumes of €13.5 billion ($14.6 billion) for the first six months of 2003. The same period last year saw issuance volume stand at €9.9 billion, with the same number of deals.
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