(12/31/2009)

CDO Issuance, by Primary Collateral Type

 

2009
Issuance
($Mil.)

No. of
Deals

Market
Share
(%)

2008
Issuance
($Mil.)

No. of
Deals

Market
Share
(%)

’08-’09
% Chg.

Structured products

$32,232.3

17

35.5

$28,870.7

55

18.2

11.6

Corporate loans (balance sheet)

29,476.7

8

32.5

22,442.6

5

14.1

31.3

Corporate loans (arbitrage)

19,980.2

15

22.0

49,291.8

85

31.1

-59.5

Small business/SME loans

4,988.3

7

5.5

8,126.7

13

5.1

-38.6

Investment-grade corporate bonds

3,579.3

7

3.9

49,160.3

22

31.0

-92.7

Sovereign debt

550.3

4

0.6

1.3

1

0.0

42,228.6

Hedge funds/private equity funds

20.0

1

0.0

195.6

3

0.1

-89.8

Preferred stock/trust-preferred securities

0.0

0

0.0

631.7

1

0.4

-100.0

TOTAL

90,827.0

59

100.0

158,720.7

185

100.0

-42.8


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