For 1H10, public ABS issuance reached $25.76 billion, according to preliminary figures from the ASR Scorecards database. This figure dropped from $50.7 billion for 1H09.

Bank of America Merrill Lynch managed to claim the top lead manager position with a market share of 17% and $4.4 billion in issuance. It's market share rose from 12.8% when it sold $6.5 billion for 1H09.

Meanwhile, JPMorgan Securities ranked second with a 15.5% market share and selling just under $4 billion. It's numbers dropped from 31.9% and $16.2 billion in 1H09 when it ranked first place.

RBS Securities was not far behind with $3.8 billion sold and a 14.8% market share, placing the bank in third place, which is up three notches from a year ago.

For 1H09, the bank had a market share of 7.1% and sold $3.6 billion.

Rounding out the top five were Barclays Capital and Deutsche Bank Securities.

Barclays sold $3.4 billion, garnering a market share of 13.3%, while Deutsche Bank had a market share of 12.6% and sold $3.3 billion in 1H10.

Credit Suisse, Citigroup Global Markets, Wells Fargo Securities, Morgan Stanley and Santander Investment Securities round out the top 10 in the preliminary rankings.

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