The U.S. ABS primary market priced approximately $3.1 billion of new issuance last week, down from more than $18.5 billion sold the week prior, closing out a month which saw nearly $50 billion of supply.

Unlike most of the month, the volume last week came from the credit card sector, with two sector benchmark names pricing deals; however, the auto loan, student loan and home-equity sectors were each represented.

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