Weekly Issue Archive »

Issue 378 - 19th March

  • Market Reports

    • ABS

      • Varied supply in secondary ABS

        US ABS BWIC volume dropped yesterday to a little over US$100m. Much of the supply came from bonds backed by auto collateral, but container, credit card, servicer advance and student loan bonds were out for the bid as well. Offering levels across th...

    • CMBS

      • GG10 resolutions support spreads

        GSMS 2007-GG10 AM spreads moved tighter yesterday, following the resolution of US$583m of specially-serviced loans and a subsequent reduction in cashflow timing uncertainty (SCI 13 March). Elsewhere in the secondary US CMBS market, generic spreads we...

    • RMBS

      • Activity up across non-agency

        After a quiet start to the week, US non-agency RMBS secondary market activity picked up yesterday. BWIC volumes were around US$850m and SCI's PriceABS data shows bid-list supply contained a strong mix of bonds backed by different collateral types. ...

  • News

    • Structured Finance

      • SCI Start the Week - 17 March

        A look at the major activity in structured finance over the past seven days

        Pipeline A number of transactions entered the pipeline last week and were swiftly priced. Five ABS deals remained by Friday, together with four CLOs and one catastrophe bond, CMBS and RMBS each. The ABS announced last week comprise: US$223.37m Cal...

    • CLOs

      • CLO fix passes HFSC vote

        The US House Financial Services Committee on Friday passed Representative Andy Barr's H.R. 4167 bill (SCI 13 March) on a strong bipartisan vote of 53 to three - a step forward in spurring US agencies to issue Volcker Rule relief for CLOs, C...

  • Job Swaps

    • Structured Finance

      • Gleacher to be dissolved

        The directors of Gleacher & Company have determined that it is in the best interests of its...

      • Libor lawsuit filed

        The FDIC last week filed a lawsuit against 17 banks and the British Bankers' Association in connecti...

      • Asset manager eyes Nordics

        ECM Asset Management has registered its range of credit funds in Sweden and Finland. The firm says i...

    • CDS

      • CDS vet joins info firm

        Following the recruitment of Howard Edelstein (SCI 4 March), Algomi has now appointed Grant Biggar a...

    • RMBS

      • New Penn beefs up in sales

        New Penn Financial has nearly doubled the size of its wholesale sales force with the addition of thr...

  • News Round-up

      • Spirit upside outlined

        Pubco Spirit has announced strong results for the first half in both its managed and tenanted busine...

      • Bundling risk highlighted

        Including services in a lease has become more common in contracts underlying term equipment leasing...

    • Structured Finance

      • Green bond index debuts

        Solactive has launched the Solactive Green Bond Index, which is designed to provide exposure to gree...

    • CDO

      • RFC issued on CFO update

        Moody's is seeking comments from market participants on proposed changes to its rating approach for...

      • CDO analytics expanded

        Deloitte has rebranded and expanded its CDO Suite software under the name Solvas, with several new m...

    • CDS

      • IG22 to trade wider?

        The Markit CDX IG index is set to roll to series 22 tomorrow (20 March), with four constituents subs...

      • CLO fix due for debate

        The US House Committee on Financial Services is today due to mark-up H.R. 4167, the 'Restoring Prove...

      • MLCFC 2007-5 reports

        Remittances have been released for a further two assets liquidated in the CWCapital bulk sale: the U...

    • Insurance-linked securities

      • ILS fund minted

        CATCo Investment Management has launched its first dedicated traditional reinsurance investment stra...

    • Risk Management

      • OTC agency model emerging

        Banks active in the OTC derivatives markets are beginning to adopt an agency model, whereby they ena...

    • RMBS

      • QM criteria finalised

        Fitch has finalised its criteria for analysing loans securing US RMBS under the qualified mortgage (...


Print this issue Click here to access this issue in print format

×