Along with a record month for new issuance, the market saw an abundance of floating-rate classes in many deals, with some issuers using them for the first time.

Auto issuance led the pack again last week, with a $3.2 billion offering from Ford Motor Credit Co., a $1 billion transaction from WFS Financial, and a $655 million deal from CarMax Group.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.