| ABS SECTOR CLOSE-UP | |||||||||||||||||||
| Year to date as of Jun 9 | |||||||||||||||||||
| 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 | |||||||||||||||||||
| Auto Loans/Recs | 28,528 | 24,910 | 3,618 | 24,571 | 3,957 | 10,503 | 13,265 | 4,761 | |||||||||||
| Comm. Mtg | 1,258 | 375 | 883 | 1,258 | 229 | 593 | 410 | ||||||||||||
| Commercial Loans | |||||||||||||||||||
| Corp Bond/Note | 3,116 | 966 | 2,150 | 3,116 | 1,839 | 746 | 45 | 485 | |||||||||||
| Corporate Loans | 3,289 | 194 | 3,095 | 3,289 | 1,987 | 830 | 471 | ||||||||||||
| Credit Card Rec | 22,260 | 10,099 | 12,161 | 19,816 | 2,444 | 15,874 | 650 | 3,787 | 700 | 1,249 | |||||||||
| Debentures | 1,296 | 1,296 | 1,296 | 1,296 | |||||||||||||||
| Equip Loans | |||||||||||||||||||
| Equip. Leases | 3,978 | 3,728 | 250 | 3,728 | 250 | 1,847 | 1,091 | 528 | 223 | 289 | |||||||||
| Floorplan Recs | 4,186 | 4,186 | 4,062 | 124 | 3,836 | 350 | |||||||||||||
| Franchisee Loans | 194 | 194 | 194 | ||||||||||||||||
| Home Impr Loans | |||||||||||||||||||
| Installment Recs | 1,797 | 1,797 | 1,797 | 1,797 | |||||||||||||||
| Junk Bonds | |||||||||||||||||||
| Leveraged Loans | 1,174 | 64 | 1,110 | 1,174 | 38 | 10 | 284 | 842 | |||||||||||
| Mixed Collateral | 1,381 | 7 | 1,374 | 1,381 | 1,000 | 306 | 22 | 53 | |||||||||||
| Mnfrd Housing Ct | 200 | 200 | 200 | 200 | |||||||||||||||
| Motorcycle Loans | 2,740 | 2,740 | 2,740 | 313 | 1,923 | 504 | |||||||||||||
| Mutual Fund Fees | 331 | 331 | 331 | 331 | |||||||||||||||
| Non-Jumbo Mtg Ln | 47,986 | 21,294 | 25,012 | 45,725 | 2,261 | 29,512 | 9,259 | 8,748 | 169 | 284 | |||||||||
| Oil Receivables | |||||||||||||||||||
| Preferred Sec | 2,382 | 1,053 | 1,330 | 2,382 | 2,038 | 158 | 186 | ||||||||||||
| Prv Issued Sec | 484 | 159 | 325 | 484 | 484 | ||||||||||||||
| Rental Car Rec. | 2,400 | 1,300 | 1,100 | 2,400 | 1,300 | 1,100 | |||||||||||||
| Rev Cred/Home Eq | 154,546 | 87,335 | 60,313 | 133,252 | 21,294 | 100,297 | 37,332 | 15,055 | 1,303 | 488 | |||||||||
| Sm Business Loan | 828 | 828 | 828 | 828 | |||||||||||||||
| Struc Fin Credit | 11,305 | 4,836 | 6,468 | 11,305 | 3,598 | 1,496 | 4,730 | 1,392 | |||||||||||
| Student Loans | 23,722 | 378 | 21,858 | 19,344 | 4,378 | 11,076 | 3,239 | 3,844 | 3,663 | 1,808 | |||||||||
| Tax Liens | |||||||||||||||||||
| Ticket Rec | |||||||||||||||||||
| Timeshare Loans | 621 | 386 | 236 | 621 | 471 | 150 | |||||||||||||
| Tobacco Receives | |||||||||||||||||||
| Trade Recs | |||||||||||||||||||
| Unspecified/NA | |||||||||||||||||||
| 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
EFMT raises $521 million in ABS, its largest pool since May
Classes A-1FCF through A-1F will repay noteholders on a pro rata basis, while classes A2 through B3 will be repaid sequentially.
A&D Mortgage readies a $435.4 million issuance of non-QM RMBS
Among other credit boosting measures, the structure also prohibits any interest from being advanced on loans that are more than 90 days delinquent.
Volkswagen’s latest auto ABS sets out to raise up to $1.7 billion
Almost all the notes are fixed rate, except for the A2-B tranche which pay a coupon based on the one-month Secured Overnight Financing Rae (SOFR).
Prime loans on new Hondas to raise up to $2.4 billion in ABS
Moody's finds that Honda's underlying pool has a strong credit profile, and that tier A loans account for 77.1% for the base principal note amount.
The top-performing 20 public banks with under $2B of assets
Community banks that could reel in cheap deposits while keeping a lid on expenses were able to outperform peers in 2024.
