According to preliminary figures from the ASR Scorecards database, $31.03 billion in public ABS was issued in 1H11. This is a boost in comparison with the $26.41 billion recorded a year ago.
In the public lead manager rankings, the top three banks remained unchanged from 1H10. Bank of America Merrill Lynch was listed as first with a 17.2% market share and $5.35 billion sold.
Last year, BofA Merrill held a larger market share of 17.8%, but sold less at $4.69 billion.
JPMorgan Securities remains at No. 2 with a market share of 15.9% and $4.94 billion sold. Like BofA Merrill, the bank experienced a drop in market share from 16.3% in 2010 but had a higher amount sold, up from $4.31 billion.
Staying at No. 3 is RBS Securities, which also had a lower market share of 13.2%, down from 14.4% last year, but likewise saw an increase in the amount sold at $4.1 billion, up from $3.81 billion.
Deutsche Bank Securities and Citigroup Global Markets round out the top 5, moving up one and two spots respectively. Deutsche Bank sold $3.9 billion with a 12.6% market share. Over the same period last year, it sold only $3.25 billion with a lower market share of 12.3%.
Similarly, Citigroup had both a significantly higher number of $3.42 billion as well as an increased market share of 11%, up from the $2.08 billion sold in 1H10 with a 7.9% market share.
Rounding out the top 10 were Barclays Capital, Credit Suisse, Wells Fargo Securities, and the additions of HSBC Securities and BNP Paribas. Morgan Stanley and Santander Investment Securities, which were ranked ninth and tenth in 1H10 respectively, both dropped out of the rankings in 1H11.
