The Federal Reserve Bank of New York announced today the sales for the remaining holdings of its
The circulation offerings were released today for non-agency RMBS BWIC 3 (with a current face amount of $1,514,240) and BWIC 4 (with a current face amount of $1,765,550).
Broker dealers participating in the bidding process, which will be held tomorrow, are: Amherst Securities Group, Barclays Capital, Cantor Fitzgerald & Co., Citigroup Global Markets, Cowen and Co., Credit Suisse, CRT Capital Group, Deutsche Bank Securities, Goldman Sachs, Guggenheim Securities, Jefferies & Co., JPMorgan Securities, Keybanc Capital Markets, Merrill Lynch, Pierce, Fenner & Smith, Morgan Stanley, Nomura Securities, RBS Securities , and SG Americas Securities.
There will also be auctions conducted on Aug. 23 for the portfolio's 21 CDOs, including Ayresome CDO I, LTD.; Bluegrass ABS CDO II LTD.; Diogenes CDO I LTD.; Dunhill ABS CDO, LTD.; Gemstone CDO III, LTD.; Gemstone CDO IV, LTD.; and Ischus CDO II LTD, among others.
Investors have been fearing