Anil is responsible for the structured finance section of IFR, providing coverage for the real-time IFR Markets news service as well as the IFR Magazine. He re-joined Thomson Reuters IFR in May 2011 after spending seven years on Informa Global Markets’ real-time European ABS product. Anil’s initial stint at Thomson Reuters began in 1997 on a two-year graduate trainee scheme, followed by four and a half years at IFR reporting on medium term notes/commercial paper and structured finance.
Deutsche Bank announced a €679m German CMBS backed by an office loan last week, to refinance one of the loans it granted to IVG Immobilien as part of a restructuring plan for the real estate firm.
A fifth of all Spanish RMBS could be upgraded if Moody’s pushes ahead with a plan to reassess its credit enhancement measures.
The ECB will start buying ABS this week, Yves Mersch, the central bank’s executive director announced last week. This gives the market a more defined timeframe, but market participants are still holding off making big decisions driven by the ECB’s buying.