TALF Softens Q2 ABS Issuance Blow

The decline in the issuance of asset-backed securities in the second quarter reportedly would have been even sharper were it not for the Federal Reserve’s Term Asset-Backed Securities Loan Facility.

  • 01 Jul 2009
The decline in the issuance of asset-backed securities in the second quarter reportedly would have been even sharper were it not for the Federal Reserve’s Term Asset-Backed Securities Loan Facility. Issuance dropped 30% in the quarter compared with a year earlier. By contrast, the first-quarter issuance figure plunged ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 9,725 17 21.27
2 JP Morgan 4,494 5 9.83
3 Citi 4,296 9 9.40
4 Bank of America Merrill Lynch (BAML) 3,067 11 6.71
5 Lloyds Bank 2,346 10 5.13

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 57,366.84 164 11.60%
2 Bank of America Merrill Lynch 52,729.86 138 10.66%
3 JPMorgan 39,180.32 110 7.92%
4 Wells Fargo Securities 38,199.10 112 7.73%
5 Credit Suisse 30,637.75 72 6.20%