NEW YORK - A rapidly widening base of investors that includes international banks, securities lenders, and even some sovereign governments has bolstered the asset-backed securities market this year.

So far in 1995, $20.5 billion in asset-backed securities has been issued, double the $10.1 billion in issuance for the same period last year and half as much as the $41.9 billion in nonconvertible debt issued this year by private American corporations, according to Securities Data Co.

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