Primary ABS issuance remained strong last week, with $14 billion in supply making the rounds, $11 billion of which had priced as of press time. For the first time in a long time, credit card supply dominated the calendar last week, with high quality offerings quickly tapping the market, with some seeing increases in size.

On the week, American Express, Bank One, Barclays plc and Advanta Corp. each priced transactions, with Bank One completing four deals from its BOIT issuance vehicle, for more than $2.5 billion of the $4.4 billion

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.