The Federal Reserve Bank of New York is selling assets from 11 CDOs forming part of its Maiden Lane III (ML III) portfolio. Offering circulars were released yesterday.

The first round of bids will be due on June 25. Six CDOs are included in this bidding process: Davis Square Funding I, LTD. (with a $396,618,097 current face amount); Davis Square Funding VI, LTD. ($1,372,492,224); Fort Sheridan ABS CDO, LTD. ($615,686,553); Lakeside CDO II, LTD.($387,935,273); Monroe Harbor CDO 2005-1, LTD. ($1,074,942,786); and Streeterville ABS CDO, LTD. ($392,334,976).

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