The performance of the Italian leasing
asset-backed securities (ABS) market continued to deteriorate
during the first quarter of 2010, according to Moody’s Investors
Service.
Moody’s net default index increased by 0.3
percent to 2.8 percent in Q1 2010, the rating agency said. It added
that the delinquency trend declined, but it is still above last
year’s figure.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The agency recently placed six leasing
transactions on review for possible downgrade. The outlook for the
sector remains negative, Moody’s said.
Antonio Fabrizio
GlobalData Strategic Intelligence
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
