Report|3 Apr 2024

Equipment Loan & Lease ABS Indices: March 2024

March remittance reports showed relatively stable credit performance across securitized equipment loan and lease ABS collateral pools during the February collection period. Current index values as well as month-over-month (MoM) and year-over-year (YoY) changes are presented in the table below.

The data shown in this report and other indices metrics can be found here.

About the Indices

KBRA calculates the index values using monthly credit performance metrics from all U.S. publicly rated1 securitized equipment loan and lease collateral pools. The indices are weighted by each collateral pool’s outstanding balance at the end of each month. New transactions are added as they are issued, after an initial seasoning period of six months, while older transactions season and generally reduce in size.

The sub-indices are categorized by…

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