| ABS SECTOR CLOSE-UP | |||||||||||||||||||
| Year to date as of Dec 10 | |||||||||||||||||||
| Coupon Type | Market | Average Life Buckets | |||||||||||||||||
| Asset Class | Volume Pub/144A | Fixed Rate | Floating Rate | Public | 144A | 0.0 to 0.9 | 1.0 to 2.9 | 3.0 to 5.9 | 6.0 to 7.9 | 8.0 to 11.0 | |||||||||
| Aircraft Leases | 3,429 | 2,202 | 1,227 | 3,429 | 2,402 | 457 | 361 | 208 | |||||||||||
| Auto Loans/Recs | 79,778 | 61,318 | 18,460 | 75,534 | 4,244 | 24,112 | 39,688 | 15,718 | 125 | 113 | |||||||||
| Cash | 599 | 249 | 350 | 599 | 599 | ||||||||||||||
| Commercial Loans | 311 | 188 | 123 | 311 | 311 | ||||||||||||||
| Corp Bond/Note | 5,803 | 1,901 | 3,869 | 5,803 | 3,317 | 874 | 468 | 1,144 | |||||||||||
| Corporate Loans | 8,069 | 606 | 7,426 | 8,069 | 2,124 | 1,206 | 161 | 2,624 | 1,932 | ||||||||||
| Credit Card Rec | 63,350 | 17,611 | 45,739 | 62,369 | 981 | 20,969 | 5,408 | 31,974 | 2,000 | 3,000 | |||||||||
| Equip Loans | 547 | 547 | 547 | 177 | 338 | 32 | |||||||||||||
| Equip. Leases | 9,128 | 5,167 | 3,960 | 6,684 | 2,443 | 3,230 | 4,743 | 1,080 | 75 | ||||||||||
| Floorplan Recs | 7,846 | 2,132 | 5,714 | 7,010 | 836 | 2,532 | 1,790 | 3,524 | |||||||||||
| Franchisee Loans | 728 | 728 | 728 | 500 | 109 | ||||||||||||||
| Home Impr Loans | 8 | 8 | 8 | 8 | |||||||||||||||
| Junk Bonds | 8,429 | 1,764 | 6,665 | 8,429 | 3,018 | 2,390 | 3,020 | ||||||||||||
| Leases | 1,388 | 1,388 | 1,388 | 760 | 178 | ||||||||||||||
| Loans | 2,998 | 2,998 | 2,998 | 2,998 | |||||||||||||||
| Mnfrd Housing Ct | 714 | 593 | 121 | 575 | 139 | 103 | 186 | 11 | 359 | ||||||||||
| Mutual Fund Fees | 991 | 116 | 875 | 991 | 991 | ||||||||||||||
| Non-Jumbo Mtg Ln | 79,501 | 32,348 | 43,931 | 71,558 | 7,943 | 39,095 | 17,259 | 21,427 | 1,262 | 307 | |||||||||
| Oil Receivables | 750 | 750 | 750 | 750 | |||||||||||||||
| Preferred Sec | 2,087 | 678 | 1,385 | 2,087 | 854 | 108 | 204 | 921 | |||||||||||
| Prv Issued Sec | 1,899 | 1,159 | 615 | 198 | 1,701 | 1,899 | |||||||||||||
| Rental Car Rec. | 4,125 | 2,400 | 1,725 | 1,000 | 3,125 | 1,500 | 460 | 2,165 | |||||||||||
| Rev Cred/Home Eq | 216,940 | 89,161 | 116,586 | 195,563 | 21,377 | 93,366 | 67,482 | 49,224 | 4,577 | 2,064 | |||||||||
| Sm Business Loan | 845 | 845 | 845 | 401 | 444 | ||||||||||||||
| Struc Fin Credit | 27,697 | 5,616 | 22,045 | 27,697 | 12,238 | 758 | 4,851 | 5,463 | 4,306 | ||||||||||
| Student Loans | 39,450 | 1,900 | 30,551 | 32,680 | 6,770 | 11,818 | 6,150 | 10,269 | 7,338 | 2,513 | |||||||||
| Tax Liens | 86 | 86 | 86 | 86 | |||||||||||||||
| Ticket Rec | 220 | 10 | 210 | 220 | 220 | ||||||||||||||
| Timeshare Loans | 848 | 715 | 133 | 848 | 170 | 678 | |||||||||||||
| Tobacco Receives | 154 | 154 | 154 | 154 | |||||||||||||||
| Trade Recs | 225 | 105 | 120 | 225 | 225 | ||||||||||||||
| Unspecified/NA | 667 | 542 | 125 | 667 | 667 | ||||||||||||||
| Note: Figures are preliminary and subject to change. Data includes U.S. deals and dollar Euro 144As.Source: Thomson Financial | |||||||||||||||||||
More From Asset Securitization Report
SAGE Residential raises $463.8 million from closed-end second-line mortgages
The A1 class is broken down into three AAA-rated tranches, made up of initial exchangeable notes that can be exchanged for the exchangeable notes.
ALLCU raises $243.7 million in prime auto ABS
A new cohort of lenders, Dort Financial Credit Union, Gesa Credit Union and Liberty Federal Credit Union originated the loans and contributed them to the collateral pool.
Enterprise Fleet Financing aims to sell $1 billion in ABS
Smaller and largely unrated non-investment grade entities compose the assets, but the historical managed portfolio and securitized delinquencies and losses remain low, even during recessions.
Santander raises $1.3 billion in ABS auto amid corporate, ABS shifts
A new originator and acquirer is on tap for the SDART program, and comes to market under Rule 144A, unlike previous Santander transactions.
Eagle Credit issues two ABS card note series totaling $450 million
In both pools, Fitch finds that gross yields remained strong at 26.49%, up from 25.74% a year ago. Also, the monthly payment rate increased to 64.57%, an increase from 63.82% a year prior.
