ABX.HE 08-1: Postponed
Told you so.
Under current index rules, only five deals qualified [twenty are needed] for inclusion in the Markit ABX.HE 08-1. Markit and the dealer community considered amending the index rules to include deals which failed to qualify initially but decided against this approach at this time.
Markit and the dealer community remain fully committed to the index and will update the market as and when appropriate.
I am not holding my breadth.
December 31st, 2007 at 3:39 am
Not to fear, markit has plans for an alt-A product to run out instead of ABX 08-01