Consumer ABS

Citigroup is back in the market with three as-yet unsized offerings of notes backed by credit card receiveables.

Leaf Capital Funding will issue a $324.98 million equipement lased asset backed securitization called Leaf Receivables Funding 9, according to a Moody’s Investors Service presale report.

American Express plans to return to market this year with a second issue from its American Express Credit Account Master Trust.

Sallie Mae priced its $995.8 million SLM Student Loan Trust 2013-5.

Private student loan securitizations issued between 2010 and 2013 contain loans of stronger credit quality and are likely to perform better than 2006 to 2009 securitizations, according to Moody’s Investors Service.

Over the last three years, however, the share of portfolios of securitized European auto loans originated by non-captives has risen significantly. And Moody’s Investors Service says this trend has historically indicates a higher credit risk overall for the market.

Hyundai priced its $1.28 billion auto loan deal and World Omni Financial Corp. priced its $783 million auto-lease backed securitization deal.

Sallie Mae upsized its latest Federal Family Education Loan Program (FFELP) backed ABS deal, SLM Student Loan Trust 2013-5 to $995.8 million from $747 million.

Toyota Motor Credit Co. priced its $1 billion deal dubbed Toyota Auto Receivables 2013-B Owner Trust on Tuesday evening.

Ford launched its upsized $1.43 billion auto floorplan ABS deal today within price guidance.