SBA Update

August 21, 2017



Last week activity was limited to floating-rate and fixed-rate SBAs trading in the secondary.  Investors picked up seasoned floating-rate paper, as new issue premium paper continues to be limited.  New issue premium paper should become available this week, as there are expectations for new issue real-estate-backed pools to hit the market early in the week.

 

Floating-Rate 7(a) Pools


 



Fixed-Rate (DCPC and SBIC) Pools

Government Guaranteed Loan Trading

Demand continues to be healthy for SBA floating-rate pools, with low levels of supply limiting activity last week.  New issue premium paper should become available this week, as there are expectations for new issue real-estate-backed pools to hit the market early in the week.



Greg Roll, CFA

Senior Vice President

Vining Sparks

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