It really was busy the last couple of weeks with several new issues rolling out, and at least two (WFRBS 2011-C4, GSMS 2011-GC4) not being met with complete success.
WFRBS 2011-C4 ($1.4808b)
FREMF 2011-K014 ($1.12b - IOs and Bs offered)
City Center 2011-CCHP ($425mm)
GNR 2011-109 ($340mm)
WFDB 2011-BXR ($1b)
FNA 2011-M4 (501mm)
GSMS 2011-GC4 ($1.476b)
GG10s are roughly flat since a week ago, but they were 10 bps wider and 5-6 bps tighter intraweek.
Calendar:
Monday, July 25, 2011
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2 comments:
BBBs with 3.75% of loss protection are back, not to mention dual-flavored AAAs, thanks to S&P!
GC4 gets pulled ... S&P show they had some cojones after all.
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