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BA Master Credit Card Trust II- 2—1999 Series
Trust Excess Spread Analysis—July 2008
| Trust Performance |
July-08 |
June-08 |
May-08 |
| Cash Yield |
17.61% |
17.93% |
18.15% |
| Gross Charge-Offs |
7.34% |
6.96% |
7.08% |
| |
|
|
|
| Monthly Payment Rate |
15.91% |
16.58% |
15.92% |
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|
|
| Delinquency |
| 30 to 59 days |
1.71% |
1.59% |
1.59% |
| 60 to 89 days |
1.20% |
1.23% |
1.20% |
| 90 + days |
2.93% |
2.95% |
2.95% |
| Total |
5.84% |
5.77% |
5.74% |
1999
Series |
Size
(MM- Millions) |
Expected
Maturity |
Base
Rate |
EXCESS SPREAD |
3 Month
Average |
| July-08 |
June-08 |
May-08 |
| 1999-B |
$750 |
3/16/09 |
5.23% |
5.04% |
5.87% |
5.71% |
5.54% |
| 1999-J |
$1,000 |
9/15/09 |
5.51% |
4.76% |
5.59% |
5.42% |
5.25% |
Footnotes
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