RMBS Top EMEA Structured Asset

Residential mortgage-backed securities became the largest structured finance asset class in Europe, the Middle East, and Africa during 2003, according to Moody's Investors Service.Previously, collateralized debt obligations had been the largest structured finance asset class in EMEA, Moody's said. RMBS accounted for 50% of the structured finance issuance volume seen in EMEA during the year, the rating agency said. Moody's can be found online at http://www.moodys.com.