Fannie 5.5 Butterfly Pushed

Investors in agency mortgage-backed securities should go long Fannie Mae 5.5s but short on coupons on either side of that, according to Morgan Stanley analysts.

  • 19 Nov 2010

--Amelia Granger

Investors in agency mortgage-backed securities should go long Fannie Mae 5.5s but short on coupons on either side of that, according to Morgan Stanley analysts. “The potential risks of owning 6s at these high [dollar] prices outweigh the benefits,” analysts wrote in a note out today. “We ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 Bank of America Merrill Lynch 57,210.26 177 12.39%
2 Citi 56,957.04 171 12.34%
3 Wells Fargo Securities 47,551.45 149 10.30%
4 JPMorgan 32,965.91 111 7.14%
5 Credit Suisse 23,990.96 75 5.20%