OREANDA-NEWS. November 18, 2015. The number of combined defaults and deferrals for U.S. bank TruPS CDOs decreased to 18.0% at the end of October from 18.1% at the end of September, according to the latest index results published today by Fitch Ratings.

In October, three bank issuers representing \\$19 million of notional cured in three CDOs. There were no new deferring or re-deferring issuers in October.

In addition, one issuer representing \\$6.5 million of collateral in two CDOs was closed by the FDIC and was marked as defaulted in Fitch's bank TruPS universe.

Across 78 Fitch-rated TruPS CDOs, 229 defaulted bank issuers remain in the portfolio representing approximately \\$5.4 billion of collateral. 107 issuers are currently deferring interest payments on \\$1.3 billion of collateral.