Weekly Trade Round Up

Housing sector loan-only credit default swaps tightened Monday after the government announced it will take over Fannie Mae and Freddie Mac and The Weather Channel broke for trading Monday morning with an original issue discount of 97 and had traded up to 99 1/2-100 1/4 by yesterday.

  • 10 Sep 2008

Bailout Prompts Housing Sector LCDS Tightening

Housing sector loan-only credit default swaps tightened Monday after the government announced it will take over Fannie Mae and Freddie Mac. The takeover and resulting drop in mortgage rates decreased the housing-related companies’ risk of default, lowering the risk of selling LCDS and ...

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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
  • Today
1 Citi 82,050.07 237 12.94%
2 Bank of America Merrill Lynch 70,926.06 217 11.18%
3 Wells Fargo Securities 62,359.46 195 9.83%
4 JPMorgan 45,920.23 145 7.24%
5 Credit Suisse 36,830.60 112 5.81%