SBA Update

April 10, 2017

Last week was a good one for the SBA sector, with a combination of product availability and strong demand. The recently issued floating-rate pools met strong demand, much as they have ever since the Fed Funds and Prime rate increases. Meanwhile, fixed-rate investors exhibited very strong demand at the April 20-year DCPC auction on Thursday.

Floating-Rate 7(a) Pools


Fixed-Rate (DCPC and SBIC) Pools





Government Guaranteed Loan Trading


The DCPC auction of April 6th met strong demand last week.  Strong activity also occurred in floating-rate pools and the SBA sector enjoyed an overall strong week based on volume. Supply seems to be the limiting factor to greater success.

James Plunkett
Director of Investment Product Strategies
Vining Sparks

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