Lead Left Interview – David Preston _ Part Two

This week we continue our conversation with David Preston, managing director in the Structured Products Research group at Wells Fargo Securities. David covers CLOs, CDOs and Commercial ABS, and publishes a widely-respected report, The CLO Salmagundi. Second of two parts – View part one

The Lead Left: OK, thanks. So you were saying on volume…

DP: Yes, so $3 billion, which compares to $46 billion of total issuance. That’s about 7%, compared to last year of 6.5% and 2012 of 4.5%.