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BRIEF-Moody's Says Canadian Structured Finance Sector Performance To Remain Strong In 2019

Published 2018-12-12, 12:37 p/m
© Reuters.  BRIEF-Moody's Says Canadian Structured Finance Sector Performance To Remain Strong In 2019

Dec 12 (Reuters) - Moody's:

* MOODY'S SAYS CANADIAN STRUCTURED FINANCE SECTOR PERFORMANCE TO REMAIN STRONG IN 2019, DESPITE SLIGHT WEAKENING OF COLLATERAL PERFORMANCE

* MOODY'S SAYS CANADIAN AUTO ABS WILL BE BOLSTERED BY BORROWERS' OVERALL GOOD CREDIT QUALITY

* MOODY'S SAYS RISING INTEREST RATES TO DETERIORATE CANADIAN RMBS COLLATERAL SLIGHTLY IN 2019, AS SOME BORROWERS STRUGGLE WITH RISING DEBT SERVICE COST

* MOODY'S SAYS A LOW JOBLESS RATE WILL CONTINUE TO SUPPORT CREDIT QUALITY OF COLLATERAL BACKING CANADIAN ABS, RMBS, COVERED BONDS AND ABCP IN 2019

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