Asset-backed new-issue supply picked up last week with $10 billion making the rounds in a slow-to-develop primary market that exploded Thursday. While top-tier names are having little difficulty completing transactions, investors have been slow to accept any off-the-run issues as just $8.5 billion of the potential supply was wrapped up as of press time.

Buyers snatched up offerings from familiar issuers such as AmeriCredit Corp., Centex Corp., Harley-Davidson, GMAC-RFC, Nissan Motor Credit and WFS Financial. Meanwhile one-off and infrequent issuers have languished in the primary.

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