Consumer ABS

Moody’s Investors Service said Monday that it had given a provisional rating of ‘Aaa (sf)’ to roughly $750 million in a Nissan auto securitization.

Financity Corporation completed the first trade receivables securitization in the Colombian market,for Coltejer S.A., the financing company said today in a press release.

The U.S. Commodity Futures Trading Commission yesterday said that certain securitization structures would be eligible for exclusion from commodity pool regulation.

World Omni Financial Corp. and Nissan Motor Acceptance Corp are both in the market with auto securitization deals sized at $683 million and $750mn respectively.

U.S. Federal student loans, which include FFLEP and Direct loans, spiked to 13% according to data reported by the U.S. Department of Education last Friday; but the hike in defaults won't impact student loan ABS tied to this collateral.

Dealogic, the data analytics provider, reported that global non triple-A rated securitization volume has increased 27% from the same period in 2011 and marks the highest year-to-date volume since 2007.

Barclays Capital yesterday filed an investor prospectus on its first SEC registered, Reg AB compliant, U.S. credit card receivable platform called Dryrock Issuance Trust.

Penske Truck Leasing Co. has completed its first asset-backed bank conduit facility with a group of six banks for $450 million.

Alliance Data Systems Corporation and GE Capital are each in the market with credit card ABS securitization deals that total a combined $1.032 billion.