| MANAGER ACTIVITY | ||||
| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| CDOs | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Merrill Lynch | 27,602.0 | 1 | 19.9 | 31 |
| Citigroup Global Markets | 17,752.5 | 2 | 12.8 | 25 |
| JPMorgan Securities | 10,756.0 | 3 | 7.8 | 19 |
| Wachovia Securities | 9,636.8 | 4 | 7.0 | 17 |
| Morgan Stanley | 9,493.8 | 5 | 6.8 | 38 |
| UBS | 8,134.0 | 6 | 5.9 | 14 |
| Barclays Capital | 8,133.7 | 7 | 5.9 | 10 |
| Deutsche Bank Securities | 7,546.6 | 8 | 5.4 | 17 |
| Banc of America Securities | 7,166.7 | 9 | 5.2 | 8 |
| Bear Stearns | 6,767.9 | 10 | 4.9 | 13 |
| Industry Total | 138,704.3 | – | 100.0 | 239 |
| Source: Thomson Financial | ||||
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