Weekly Trade Round Up

Housing sector loan-only credit default swaps tightened Monday after the government announced it will take over Fannie Mae and Freddie Mac and The Weather Channel broke for trading Monday morning with an original issue discount of 97 and had traded up to 99 1/2-100 1/4 by yesterday.

  • 10 Sep 2008

Bailout Prompts Housing Sector LCDS Tightening

Housing sector loan-only credit default swaps tightened Monday after the government announced it will take over Fannie Mae and Freddie Mac. The takeover and resulting drop in mortgage rates decreased the housing-related companies’ risk of default, lowering the risk of selling LCDS and ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 118,624.20 342 12.90%
2 Bank of America Merrill Lynch 99,769.11 286 10.85%
3 Wells Fargo Securities 87,449.35 261 9.51%
4 JPMorgan 67,955.87 206 7.39%
5 Credit Suisse 50,788.13 152 5.52%