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 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 79,222.71 230 11.49%
2 Bank of America Merrill Lynch 65,088.22 185 9.44%
3 Wells Fargo Securities 55,825.35 161 8.10%
4 JPMorgan 52,873.25 155 7.67%
5 Credit Suisse 44,197.08 113 6.41%