Euro CDS ABS Spreads Stick By Historic-Wides

Spreads on AAA asset-backed securities permanent credit default swaps are showing no signs of improving after widening out since last week.

  • 01 Oct 2008

--Cristina Pittelli

Spreads on AAA asset-backed securities permanent credit default swaps are showing no signs of improving after widening out since last week. There have been few or no trades since Monday. The most recent offer has been marked at 340 basis points over Euribor today, significantly wider than ...

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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 11.10%
2 Bank of America Merrill Lynch 94,723.52 272 8.97%
3 JPMorgan 92,612.23 269 8.77%
4 Wells Fargo Securities 82,597.19 239 7.82%
5 Credit Suisse 69,442.99 183 6.57%