In a report released today by Dealogic, the data analytics provider reported that U.S. marketed ABS volume has reached $155.9 billion year-to-date. This increased 78% from the same period last year and is the highest year-to-date volume since 2007.
The firm also said that U.S. marketed credit-card securitized volume has totaled $31 billion year-to-date. This is more than four times the $7.5 billion issued in 2011 and comprises 20% of U.S. marketed ABS volume.
Meanwhile, U.S. marketed auto ABS at $51.3 billion is at its highest year-to-date volume since 2006 at $52.8 billion. However, it makes up a 33% share of all U.S. marketed ABS, which is its lowest share since 2009 at 30%.
U.S. marketed ABS bonds are still accounting for the most of global ABS volume in 2012 year-to-date with 80% the highest share since 2007, Dealogic noted.
In terms of deal underwriters, JPMorgan Securities is leading the U.S. marketed ABS bookrunner ranking year-to-date with a 17.9% market share.
Meanwhile, Bank of America Merrill Lynch at 14.5% and Barclays Capital at 11.2% follow, Dealogic reported.