Structured finance: Stepping up
CAF’s plans to establish an infrastructure CDO in Colombia come as other issuers across Latin America are increasing their use of structured finance.
Also in Colombia, the finance ministry’s changes in the tax framework in late 2012 included scrapping exemptions for banks to hold rent-to-buy lending on their balance sheets. That is likely to increase sales of RMBS, as banks free up balance sheet space for further...
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