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Spain goes from saunter to sprint: Upcoming changes promise more depth to ABS structures

While RMBS and traditionally structured CDOs have historically driven the Spanish securitization market, times are changing, industry sources said, as the horizon holds new structures and innovations.

According to figures reported by Dresdner Kleinwort Wasserstein, Spain accounts for 7% of European ABS issuance to date, which translates into roughly...

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