After a strong month of issuance in November, CLO volume is poised for its strongest full-year total since 2007, before the market melted down. Indeed, demand for CLO paper continues strong, as the number of AAA buyers has expanded in recent months after collapsing to a mere handful in the late spring/early summer. As a result, clearing yields for senior liabilities have tightened.

This chart is part of an LCD News analysis available to subscribers.

Other charts in that analysis:

• CLO volume by month
• Spreads and funding costs for CLOs
• CLO size
• Number of fund managers that issued a CLO