...

Mortgage-backed securities issuance stays sturdy – Pensions & Investments

U.S. mortgage-backed securities’ issuance was $3.3 trillion for the primary 9 months of 2021, 22.5% increased than the year-ago determine. After a quick tempo within the first half when $2.3 trillion was issued, MBS new points slowed to $948.6 billion within the third quarter, down from $1.1 trillion within the year-earlier quarter. However the newest quarterly determine continues to be greater than 50% increased than two years in the past.
This yr’s sturdy issuance comes after 2020 noticed $4 trillion of latest MBS come to the market. Final yr was the best whole since no less than 1996, eclipsing 2003’s $3.5 trillion.
Company MBS continues to dominate the panorama. These accounted for almost 97% of this yr’s points. Within the years main as much as final decade’s recession, non-agency MBS accounted for a big share, together with 52% in 2005 and 55% in 2006. Since 2008, it has ranged from 3% to 14% of the whole MBS new difficulty market.
Enroll and get the very best of Information delivered straight to your e-mail inbox, freed from cost. Select your information – we are going to ship.
Get entry to the information, analysis and evaluation of occasions affecting the retirement and institutional cash administration companies from a worldwide community of reporters and editors.
Our Mission
To persistently ship information, analysis and evaluation to the executives who handle the circulation of funds within the institutional funding market.
Primary Workplace
685 Third Avenue
Tenth Flooring
New York, NY 10017-4036

Chicago Workplace
150 N. Michigan Ave.
Chicago, IL 60601

Contact Us
Careers at Crain
About Pensions & Investments
 

supply

Leave a Comment

Your email address will not be published. Required fields are marked *

Optimized by Seraphinite Accelerator
Turns on site high speed to be attractive for people and search engines.