Wednesday, June 27, 2007

UPDATE 1-Benchmark ABX subprime index hits new low-sources

(Reuters) - The ABX 2006-2 "BBB-minus" series, which is tied to
subprime loans in last year's first half, fell to 61.5 from its
previous low of 62.16, market sources said.




The ABX 2007-1, which references loans from the second half
of last year, is trading between 55.5 and 56.5 compared to 57
on Tuesday. The index is near its recent low of 56.18.


Read more at Reuters.com Bonds News

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