| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Countrywide Securities | 22,910.5 | 1 | 12.019 | 24 |
| Merrill Lynch | 19,188.39 | 2 | 10.066 | 20 |
| RBS Greenwich Capital | 16,382.0 | 3 | 8.594 | 30 |
| Morgan Stanley | 16,051.0 | 4 | 8.42 | 18 |
| Lehman Brothers | 15,156.9 | 5 | 7.951 | 24 |
| Citigroup Global Markets | 14,604.4 | 6 | 7.661 | 19 |
| Bear Stearns | 12,237.0 | 7 | 6.42 | 22 |
| JPMorgan Securities | 12,021.8 | 8 | 6.307 | 16 |
| Barclays Capital | 10,877.2 | 9 | 5.706 | 13 |
| Banc of America Securities | 8,140.2 | 10 | 4.27 | 22 |
| Industry Total | 190,621.3 | - | 100.0 | 240 |
| Source: Thomson Financial | ||||
-
To keep cash flowing to the notes, the deal's senior notes have an interest reserve account covering three months' worth of class A note interest payments and fees.
September 17 -
Classes A-1FCF through A-1F will repay noteholders on a pro rata basis, while classes A2 through B3 will be repaid sequentially.
September 17 -
Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
September 17 -
The Elliot-backed manager doubles down on research and expertise to confront market challenges, including tight arbitrage and a looming 2028 debt maturity wall.
September 17 -
Federal Reserve Chair Kevin Warsh framed the central bank's move to increase interest rates as a moderate adjustment to rapid economic growth during his post-Federal Open Market Committee press conference.
September 16 -
The market initially showed relief after the initial confirmation of an anticipated inflation-fighting hike but discussion of a future raise renewed concern.
September 16








