S&P Global Ratings expects Japan's securitization market to remain stable in 2025 despite only modest economic growth expectations, according to a Wednesday report.
S&P expects some underperformance for assets backing apartment loan residential mortgage-backed securities (RMBS) and corporate asset-backed securities (ABS), but other classes should be stable.
The rating agency also sees personal loans retaining a steady trend given a GDP growth forecast of 1.3% this year.