U.K., Dutch Perma RMBS CDS Spreads See Dramatic Tightening

Permanent credit default swaps on prime U.K. and Dutch residential mortgage-backed securities have tightened dramatically over the past six weeks, according to industry analysts.

  • 28 Apr 2008

--Cristina Pittelli

Permanent credit default swaps on prime U.K. and Dutch residential mortgage-backed securities have tightened dramatically over the past six weeks, according to industry analysts. Both U.K. and Dutch spreads came in around 85 basis points running last week from 250 bps and early 200 bps in mid-March, ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

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) 1,284 2 30.09
2 Barclays 633 1 14.82
3 BNP Paribas 509 1 11.91
4 Citi 467 1 10.94
5 Morgan Stanley 455 1 10.66

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 10,917.09 37 12.45%
2 Bank of America Merrill Lynch 10,011.21 29 11.41%
3 Barclays 8,176.97 25 9.32%
4 JPMorgan 7,602.76 28 8.67%
5 Wells Fargo Securities 6,773.29 27 7.72%