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UK Receivables Trust II- 2—CARDS 2001-B to 2004-1
Trust Excess Spread Analysis—October 2009
| Trust Performance |
October-09 |
September-09 |
August-09 |
| Cash Yield |
22.98% |
23.38% |
22.83% |
| Gross Charge-Offs |
16.45% |
16.75% |
15.22% |
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| Monthly Payment Rate |
12.68% |
13.04% |
12.77% |
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|
| Delinquency |
| 30 to 59 days |
2.48% |
2.56% |
2.45% |
| 60 to 89 days |
2.02% |
1.98% |
2.08% |
| 90 + days |
4.22% |
4.43% |
4.61% |
| Total |
8.72% |
8.97% |
9.14% |
| UK Receivables Trust II- 2 |
Total |
| Aggregate Ending Principal Receivables (£MM- Millions) |
£4,840 |
| Seller's Interest (30-day average) |
34.66% |
Series |
Size
(MM- Millions) |
Expected
Maturity |
Base
Rate |
EXCESS SPREAD |
3 Month
Average |
| October-09 |
September-09 |
August-09 |
| CARDS 2001-B |
£250 |
12/15/11 |
4.00% |
2.54% |
2.69% |
3.09% |
2.78% |
| CARDS 2003-B |
£250 |
7/15/13 |
4.22% |
2.32% |
1.96% |
3.06% |
2.45% |
| CARDS 2003-C |
£500 |
7/15/10 |
3.36% |
3.18% |
2.88% |
3.88% |
3.32% |
| CARDS 2004-1 |
£500 |
2/18/14 |
4.00% |
2.54% |
2.70% |
3.70% |
2.98% |
Footnotes
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