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 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%