European asset-backed securities market: deal number by asset class Q3 2020
Asset-backed securities (ABS) are financial securities backed by a loan, lease or receivables against certain classes of assets. They offer the opportunity to invest in a wide variety of income-generating assets to investors. The process of securitization denotes pooling the usually illiquid assets together. Through this, they are made marketable and give issuers the way to generate more capital, used for more lending.