|
How the Securities Were Offered
|
| |
2009
Issuance
($Mil.)
|
No. of
Deals
|
Market
Share
(%)
|
2008
Issuance
($Mil.)
|
No. of
Deals
|
Market
Share
(%)
|
’08-’09
% Chg.
|
|
Non-U.S.
|
$670,726.4
|
334
|
76.2
|
$1,103,006.8
|
485
|
80.1
|
-39.2
|
|
U.S. Rule-144A
|
112,649.8
|
234
|
12.8
|
128,948.6
|
238
|
9.4
|
-12.6
|
|
U.S. public
|
97,018.0
|
125
|
11.0
|
144,453.9
|
179
|
10.5
|
-32.8
|
|
TOTAL
|
880,394.3
|
693
|
100.0
|
1,376,409.3
|
902
|
100.0
|
-36.0
|
|
Where the Collateral Came From
|
| |
2009
Issuance
($Mil.)
|
No. of
Deals
|
Market
Share
(%)
|
2008
Issuance
($Mil.)
|
No. of
Deals
|
Market
Share
(%)
|
’08-’09
% Chg.
|
|
U.S.
|
$222,808.2
|
361
|
25.3
|
$240,181.1
|
395
|
17.4
|
-7.2
|
|
U.K.
|
141,942.3
|
36
|
16.1
|
387,977.4
|
108
|
28.2
|
-63.4
|
|
Spain
|
99,398.5
|
66
|
11.3
|
139,798.3
|
81
|
10.2
|
-28.9
|
|
Italy
|
81,932.0
|
41
|
9.3
|
136,228.5
|
44
|
9.9
|
-39.9
|
|
Netherlands
|
70,772.8
|
19
|
8.0
|
122,867.8
|
37
|
8.9
|
-42.4
|
|
OTHERS
|
263,540.5
|
170
|
29.9
|
349,356.2
|
237
|
25.4
|
-24.6
|
|
TOTAL
|
880,394.3
|
693
|
100.0
|
1,376,409.3
|
902
|
100.0
|
-36.0
|
|
Who Securitized the Assets
|
| |
2009
Issuance
($Mil.)
|
No. of
Deals
|
Market
Share
(%)
|
2008
Issuance
($Mil.)
|
No. of
Deals
|
Market
Share
(%)
|
’08-’09
% Chg.
|
|
Bank
|
$572,031.6
|
304
|
65.0
|
$810,904.6
|
362
|
58.9
|
-29.5
|
|
Mortgage bank
|
95,410.4
|
80
|
10.8
|
253,257.8
|
87
|
18.4
|
-62.3
|
|
Finance company (captive)
|
48,414.0
|
53
|
5.5
|
39,957.0
|
35
|
2.9
|
21.2
|
|
Commercial mortgage lender
|
38,999.5
|
72
|
4.4
|
33,583.1
|
51
|
2.4
|
16.1
|
|
Credit-card bank
|
23,804.3
|
18
|
2.7
|
38,898.5
|
51
|
2.8
|
-38.8
|
|
Investment firm
|
23,197.8
|
46
|
2.6
|
85,668.2
|
159
|
6.2
|
-72.9
|
|
Government entity
|
19,764.0
|
24
|
2.2
|
26,284.1
|
26
|
1.9
|
-24.8
|
|
Finance company (diversified)
|
13,440.3
|
22
|
1.5
|
32,590.9
|
59
|
2.4
|
-58.8
|
|
Student lender
|
13,270.3
|
9
|
1.5
|
18,492.5
|
11
|
1.3
|
-28.2
|
|
Leasing company
|
7,933.0
|
12
|
0.9
|
12,138.4
|
7
|
0.9
|
-34.6
|
|
OTHERS
|
24,129.0
|
53
|
2.7
|
24,634.3
|
54
|
1.8
|
-2.1
|
|
TOTAL
|
880,394.3
|
693
|
100.0
|
1,376,409.3
|
902
|
100.0
|
-36.0
|
|
What Types of Receivables Backed the Issues
|
| |
2009
Issuance
($Mil.)
|
No. of
Deals
|
Market
Share
(%)
|
2008
Issuance
($Mil.)
|
No. of
Deals
|
Market
Share
(%)
|
’08-’09
% Chg.
|
|
Non-U.S. mortgages
|
$421,370.3
|
171
|
47.9
|
$856,952.5
|
244
|
62.3
|
-50.8
|
|
Collateralized debt obligation
|
90,827.0
|
59
|
10.3
|
158,720.7
|
185
|
11.5
|
-42.8
|
|
Small-business loans (non-U.S.)
|
83,957.6
|
33
|
9.5
|
56,676.1
|
34
|
4.1
|
48.1
|
|
Auto loans (prime)
|
46,510.8
|
42
|
5.3
|
46,971.0
|
49
|
3.4
|
-1.0
|
|
Credit cards
|
46,297.5
|
50
|
5.3
|
78,295.2
|
100
|
5.7
|
-40.9
|
|
Residential mortgages
|
44,392.6
|
120
|
5.0
|
24,759.9
|
83
|
1.8
|
79.3
|
|
Commercial mortgages
|
38,999.5
|
72
|
4.4
|
33,583.1
|
51
|
2.4
|
16.1
|
|
Consumer loans
|
23,001.0
|
14
|
2.6
|
28,202.3
|
18
|
2.0
|
-18.4
|
|
Student loans
|
20,838.8
|
19
|
2.4
|
28,430.8
|
22
|
2.1
|
-26.7
|
|
Auto leases
|
19,677.4
|
24
|
2.2
|
3,781.4
|
7
|
0.3
|
420.4
|
|
OTHERS
|
44,521.7
|
89
|
5.1
|
60,036.4
|
109
|
4.4
|
-25.8
|
|
TOTAL
|
880,394.3
|
693
|
100.0
|
1,376,409.3
|
902
|
100.0
|
-36.0
|
