GSE Market Unscathed By Downgrade

The $4.5 trillion agency residential mortgage-backed securities market has remained unfazed so far by Standard & Poor’s move to downgrade the government-sponsored enterprises one notch this morning.

  • 08 Aug 2011

The $4.5 trillion agency residential mortgage-backed securities market has remained unfazed so far by Standard & Poor’s move to downgrade the government-sponsored enterprises one notch this morning.

“My expectation was that we’d open up a little wider, but stabilize over the medium term,” said Janaki Rao, analyst at ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 20.70
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.78

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 Citi 40,734.72 129 10.95%
2 JPMorgan 33,625.25 95 9.04%
3 Wells Fargo Securities 31,464.27 90 8.46%
4 Bank of America Merrill Lynch 28,936.60 91 7.78%
5 Credit Suisse 23,189.41 72 6.23%