SBA Update

June 11, 2018

The twenty-year DCPC auction last Thursday priced at the widest spreads since February 2016. Activity in floaters is expected to pick up this week as much of the market expects a short-term rate increase from the Fed on Wednesday. Investors were also active in government-guaranteed USDA agricultural loans last week.


Floating-Rate 7(a) Pools


Fixed-Rate (DCPC and SBIC) Pools




Government Guaranteed Loan Trading


A likely short-term rate increase by the Fed this Wednesday and the DCPC auction last week pricing at wide spreads should result in activity in both floating and fixed-rate SBAs this week.


Dan Stimpson, CPA

Senior Vice President

Vining Sparks

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