Home equity deals dominated a sluggish U.S. primary market that priced $10.4 billion last week. Three credit card deals and one auto deal also found their way to the fore while other sectors, such as student loans, equipment and auto leases, and rate reduction bonds sat on the bench.

The largest deal of the week was a $1.65 billion floating-rate credit card offering from Chase Manhattan Bank The three-year deal was upsized from $1 billion and priced on top of guidance at one basis point over one-month Libor. Chase also priced a seven-year credit card floater that was upsized to $600 million from $500 million and priced on top guidance at seven basis points over one-month Libor.

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