SBA Update

July 10, 2017

Trading in both SBA floating-rate and fixed-rate investments was light last week as the second quarter came to a close and managers focused on closing the books in a holiday shortened week.  The July DCPC auction was met with soft demand as the market absorbed both 10-year and 20-year debentures.  Loan trading activity was limited last week, as depositories focused on closing out the quarter.

Floating-Rate 7(a) Pools

Fixed-Rate (DCPC and SBIC) Pools

Government Guaranteed Loan Trading

Trading in both SBA floating-rate and fixed-rate investments was light last week, however activity levels should return to pre-holiday levels in the near term.  Floating-rate pool coupons reflect the increase in Prime as of July 1st.


Greg Roll, CFA

Senior Vice President

Vining Sparks

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