Weekly Issue Archive »

Issue 389 - 4th June

  • Market Reports

    • CLOs
      • Strong start for CLOs

        The week started with limited activity in the US ABS or MBS markets but an active session for the CLO secondary market. SCI's PriceABS data captured more than 30 unique US CLO tranches, with vintages ranging from 2005 up to 2014. VENTR 2005-1A A2 w...

    • CMBS
      • Euro CMBS coming alive?

        The European CMBS secondary market has been subdued recently, although BWICs have been announced for both today and tomorrow. There is also speculation that primary market issuance could increase. "Suddenly a couple of decent BWICs have been announ...

    • RMBS
      • RMBS secondary supply jumps

        US non-agency RMBS BWIC volume picked up yesterday to reach around US$410m. A variety of bonds were out for the bid, including a handful of post-crisis non-performing loan tranches. Among the Alt-A names circulating during the session, a couple of...


  • News

    • Structured Finance
      • SCI Start the Week - 2 June

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

        PipelineBank holidays on either side of the Atlantic contributed to a relatively quiet week. Four ABS, four RMBS and four CMBS deals were added to the pipeline. The newly-announced ABS were US$1bn Fifth Third Auto Trust 2014-2, US$728m MMAF Equipme...

    • CMBS
      • CMBS delinquencies 'idiosyncratic'

        An increasing number of US CMBS 2.0 and 3.0 loans have begun to enter special servicing or show initial signs of distress. Since the beginning of the year, 14 loans - with US$164m in outstanding balance - have moved into special s...


  • Job Swaps

    • Structured Finance
      • Fixed income analyst added

        Aite Group has appointed John Mangano as an analyst in its institutional securities and investments...

      • Markit IPO underway

        Markit has commenced its initial public offering: the firm's shareholders intend to sell 45,707,965...


  • News Round-up

      • Driver China One rated

        Further details have emerged about Volkswagen's much-anticipated debut Chinese auto loan ABS, the RM...

      • SFR snapshot debuts

        Kroll Bond Rating Agency has published the inaugural issue of its Single-Family Rental Performance S...

    • CDO
      • ABS CDOs on the block

        Auctions for the Kleros Preferred Funding and Trainer Wortham First Republic CBO V deals have been s...

      • ABS CDO auction due

        An auction will be conducted for Belle Haven ABS CDO 2006-1 on 20 June. The collateral shall only be...

      • ABS CDO auction set

        Dock Street Capital Management has been retained to act as liquidation agent for RFC CDO IV. A publi...

      • CBO tender offer amended

        HoldCo CDO Opportunities Fund has amended its tender offer for SKM-Libertyview CBO I class C and D n...

      • CMBS surveillance shared

        Morningstar Credit Ratings has made its CMBS DealViewSM surveillance reports available to investors,...

    • Insurance-linked securities
    • Risk Management
    • RMBS
      • UK RMBS criteria updated

        Fitch has updated its criteria assumptions for assessing credit risk in UK residential mortgage loan...

      • Servicer analytics offered

        BlackBox Logic has released a new loan-level RMBS performance dataset, dubbed BBx Premium Non-Agency...



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