Bear Stearns is marketing the triple-As on Tropic Trust Preferred CDO I in the 95 basis point area over three-month Libor (A/L 13.3y), and the class is reportedly subject.

The Class B A3/NR/A- (MDY/S&P/FTC) notes on the bank's $307 million inaugural static pool TRUPS CDO are talked at 210 area over three-month Libor with a 30-year average life.

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