Securitization professionals spent most of last week networking at Information Management Network's ABS East conference, virtually silencing their trading floors at home offices. Out of an expected $14 billion in issuance, less than $300 million in deals priced by press time.

Banc of America Securities brought its credit card deal - and the only transaction for the day - to market on Tuesday. BACCT, 2006-A13, a private placement transaction with a seven-year weighted average life and rated triple-A, priced at two basis points over Libor.

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