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BA Master Credit Card Trust II- 2—1999 Series
Trust Excess Spread Analysis—August 2009
| Trust Performance |
August-09 |
July-09 |
June-09 |
| Cash Yield |
23.27% |
22.65% |
21.00% |
| Cash Yield without Recoveries |
22.92% |
22.31% |
20.69% |
| |
|
|
|
| Gross Charge-Offs |
14.88% |
14.16% |
14.12% |
| Net Charge-Offs |
14.53% |
13.82% |
13.81% |
| |
|
|
|
| Monthly Payment Rate |
13.86% |
13.90% |
13.52% |
| |
|
|
|
| Delinquency |
| 30 to 59 days |
1.95% |
1.87% |
1.88% |
| 60 to 89 days |
1.56% |
1.56% |
1.57% |
| 90 + days |
3.96% |
4.15% |
4.28% |
| Total |
7.47% |
7.58% |
7.73% |
1999
Series |
Size
(MM- Millions) |
Expected
Maturity |
Base
Rate |
EXCESS SPREAD |
3 Month
Average |
| August-09 |
July-09 |
June-09 |
| 1999-J |
$1,088 |
9/15/09 |
3.43% |
4.96% |
4.99% |
3.41% |
4.45% |
Footnotes
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