2006 vintage CLO sees single As change hands
The majority of the double-A class B tranche of a US CLO from 2006 traded recently

Mid-market CLOs trade from rare bid list
It is understood that two bonds from a list of eight middle market CLOs traded last Thursday (29 January)

Latest CDO of ABS bid list could see bids in single digits
At least one dealer has a three item cash ABS CDO bwic shown in the market, with bids at 11am New York time today

Secondary traders bid up controlling tranches as CLOs deteriorate
The secondary CLO market is bifurcating as buyers bid up senior tranches and shun mezzanine notes, according to market sources. The sharp price moves reflect increasing concerns that a significant number of deals could suffer events of default. That could result in a rapid pay down of the most senior notes

High yield recovery rates may fall to low teens
High yield recovery rates may fall to low teens

Corporates flood market with bond issues
Corporates flood market with bond issues

Prop desk circulates rare mid-market CLO bid list
A US bank prop desk has put out an auction list consisting primarily of arbitrage cashflow middle market CLOs

CDO sells off distressed CDO assets
Structured Asset Investor's Sagittarius CDO I, which has suffered an event of default, will see further assets liquidated through a 10-CDO bid list due today

Structurer departs French bank
French bank has recently lost a structurer, colleagues have today confirmed

Secondary prices slide amid low bids for CLO single As
Traders are expecting a steep drop in CLO prices in first quarter of this quarter, and that is reflected in the low bids at yesterday's auction of single A and double A positions

Bank touts rare old-vintage CBO repack
An investor is looking to sell a portfolio of old-vintage CBOs in the form of a repackaged note

Asset manager unloads triple A to single A CLOs in two auctions
A five-name CDO auction on Tuesday (19 January) resulted in a significant amount of trading

New figures point to sharp fall in CLO performance
CLO performance has deteriorated rapidly in recent weeks, according to analysts, as mounting defaults and downgrades has put pressure on overcollateralisation (OC) ratios

Attractive opportunity arises with Lloyds/HBOS merger
Market participants encountered an opportunity yesterday with the confirmation of the Lloyds/HBOS merger.

Bank scoops up $200 million of CLO triple As
Late last week a bank bought $200 million in par value terms of first-pay triple A CLO positions off the $780 million owic (due 12 December) that it had circulated, market sources report.