medium · Asset-Backed Securities collateral
Major Bank Credit Card Master Trust Series 2026-A has a $1.0B invested amount. Monthly pool metrics show a 21.5% Portfolio Yield, 2.0% servicing fee, 5.2% weighted-average bond coupon (base rate), and 8.5% charge-offs.
What is the monthly Excess Spread for this series?
- 12.3%
- 14.3%
- 5.8%
- 16.3%
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