Manager Activity: CDOs

Published November 13, 2006, 12:00 a.m. EST

1 Min Read

Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market

Managers	Proceeds (mils)	Rank	Mkt. Share	# of Issues

Merrill Lynch & Co Inc	35,427.1	1	13.4	50
Citigroup	29,656.9	2	11.2	52
Deutsche Bank AG	24,881.0	3	9.4	51
UBS	22,068.1	4	8.4	57
Credit Suisse	18,207.8	5	6.9	27
Banc of America Securities LLC	16,565.1	6	6.3	35
Wachovia Corp	16,268.4	7	6.2	39
Bear Stearns & Co Inc	14,487.7	8	5.5	29
Morgan Stanley	13,961.5	9	5.3	57
JP Morgan	12,849.1	10	4.9	33

Industry Total	263,848.4	-	100.0	526

Source: Thomson Financial

MORE FROM ASSET SECURITIZATION REPORT

Monetary policy

Logan: Fed's open market activities should be centrally cleared

Federal Reserve Bank of Dallas President Lorie Logan said at an event Thursday that conducting monetary policy actions through a third party would improve efficiency and make markets stronger.

By Kyle Campbell
Staff writer

July 9
Auto ABS

Consumer Portfolio raises $716.8 million from used car loans

The pool includes called collateral and smaller concentrations of loans originated in higher credit tiers, resulting in some underlying asset weakness compared with a previous deal.

By Donna M. Mitchell
Editor

July 9
Mortgage rates

Mortgage rates increase behind Iran, inflation worries

A week after falling to its lowest point since mid-May, the 30-year fixed rate mortgage turned higher as the 10-year Treasury rose 15 basis points since June.

By Brad Finkelstein
Originations Editor

July 9
ABS

Billboard provider Adams Outdoor raises $765.1 million

A cash trap provision calls for half of available funds to be deposited into the cash trap reserve sub-account if the debt service coverage ratio (DSCR) is between 1.35x and 1.275x.

By Donna M. Mitchell
Editor

July 8
Secondary markets

Bank uses a twist on credit-linked notes for capital relief

OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.

By Bonnie Sinnock
Capital Markets Editor

July 8
CRE

Data center refinance supports $520 million in CMBS

The data center is fully leased and is completely occupied by a single hyperscale tenant, which has an AA-' rating, under a long-term lease agreement.

By Donna M. Mitchell
Editor

July 8