GSE Debt Surges On $600 Bln Fed Program

Announcement of the Federal Reserve’s $600 billion securities-purchase program gave a boost to mortgage-backed securities and unsecured debt issued by Fannie Mae and Freddie Mac.

  • 25 Nov 2008
Announcement of the Federal Reserve’s $600 billion securities-purchase program gave a boost to mortgage-backed securities and unsecured debt issued by Fannie Mae and Freddie Mac. As result, yield premiums on unsecured debt and MBS narrowed, and the Fed’s commitment to support the GSE may ease concerns of large ...

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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 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 117,261.12 337 11.07%
2 Bank of America Merrill Lynch 94,721.79 272 8.94%
3 JPMorgan 92,612.23 269 8.74%
4 Wells Fargo Securities 82,597.19 239 7.80%
5 Credit Suisse 69,442.99 183 6.55%