| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Merrill Lynch | 30,515.3 | 1 | 18.2 | 34 |
| Citigroup Global Markets, Inc. | 23,736.1 | 2 | 14.1 | 34 |
| JP Morgan | 12,804.9 | 3 | 7.6 | 22 |
| Morgan Stanley | 11,476.6 | 4 | 6.8 | 49 |
| Wachovia Corp | 10,323.9 | 5 | 6.2 | 20 |
| UBS | 9,760.8 | 6 | 5.8 | 19 |
| Deutsche Bank AG | 8,846.6 | 7 | 5.3 | 19 |
| Banc of America Securities LLC | 8,393.1 | 8 | 5.0 | 11 |
| Bear Stearns & Co Inc | 8,389.0 | 9 | 5.0 | 15 |
| Barclays Capital | 8,133.7 | 10 | 4.8 | 10 |
| Industry Total | 167,960.2 | - | 100.0 | 294 |
| Source: Thomson Financial | ||||
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The American Bankers Association, Bank Policy Institute and Securities Industry and Financial Markets Association submitted comment letters to the Securities and Exchange Commission arguing that a proposed change to Form S-3 eligibility would make it more difficult for some banks to access the capital markets.
July 30 -
Some market participants are taking a 'hawkish hold' FOMC reading coming out of the July meeting, even as they adapt to a quieter intermeeting chairman.
July 30 -
Positive changes in credit provisions contributed to a multiyear high in net income as the GSE and its rival fought to purchase lenders' single-family loans.
July 30 -
Federal Reserve Chair Kevin Warsh acknowledged that his limited guidance might have been a factor in rising market rates, but said whatever increased volatility can be attributed to the changes is more than offset by the benefit of a more nimble central bank.
July 29 -
Notes are expected to pay coupons of 4.05% on the notes rated R-1 (high) (sf) and 4.59% and 4.79% on the A1 and A2 notes, respectively.
July 29 -
The approvals expand BSI's ability to support Ginnie Mae-backed digital mortgage assets across securitization and servicing, the company said.
July 29









