Pickup in new issuance dollar volume in 1Q 2006
U.S. Debt Market 1Q’06 vs 1Q’05
- U.S. residential +11.3% mortgage-backed securities
- Commercial mortgage- +53.2% backed securities
- Asset-backed +27.9%
- Collateralized Debt Obligations +75.4%
- Total structured finance +24.1%
- Public finance - 25.7%
- Corporates +22.1%
Source: Securities Data Corporation, Harrison Scott, S&P estimates