More than $11.25 billion of collateralized loan and bond obligations have been issued this year-nearly as much as the record $11.5 billion in all of 1996.

Furthermore, two securitizations of bank loans expected to close this quarter - from NationsBank Corp. and Canadian Imperial Bank of Commerce - could boost the total by $7.5 billion.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.