Issuance of securities backed by consumer-related assets decreased slightly in the fourth quarter of 2012.

Consumer ABS Issuance

Additional detail:

  • Issuance of securities backed by autos decreased 20 percent from $22 billion in the third quarter to $18 billion in the fourth quarter.
  • Issuance of securities backed by credit card debt decreased 35 percent from $13 billion in the third quarter to $9 billion in the fourth quarter.
  • Issuance of securities backed by student loans increased 160 percent from $4 billion in the third quarter to $11 billion in the fourth quarter.