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8-K - FORM 8-K - CORPORATE BOND BACKED CERT TR SER 1998-CAT 1d8k.htm

Exhibit 99.1

TRUSTEE’S DISTRIBUTION STATEMENT

 

THE

BANK OF

NEW

YORK

    

TO THE HOLDERS OF:

Corporate Bond-Backed Certificates

Series 1998-CAT-1

Class A-1 Certificates

        CUSIP NUMBER: 219-87H-AQ8

 

in accordance with the Standard Terms and Conditions of Trust, The Bank of New York, as trustee submits the following cash basis statement for the period ending :      March 01, 2011   

INTEREST ACCOUNT

     

Balance as of September 01, 2010

        $0.00   

Scheduled Income received on securities

        $704,435.00   

Unscheduled Income received on securities

        $0.00   

Interest Received on sale of securities

        $0.00   

LESS:

     

Distribution to Class A-1 Holders

     $701,435.00      

Trustee Fees

     $2,250.00      

Fees allocated for third party expenses

     $750.00      

Balance as of March 01, 2011

     Subtotal         $0.00   

PRINCIPAL ACCOUNT

     

Balance as of September 01, 2010

        $0.00   

Scheduled Principal payment received on securities

        $1,139,315.00   

Principal received on sale of securities

        $0.00   

LESS:

     

Distribution to Class A-1 Holders

     $1,139,315.00      

Distribution to Swap Counterparty

     $0.00      

Balance as of March 01, 2011

     Subtotal         $0.00   
     Balance         $0.00   

UNDERLYING SECURITIES HELD AS OF: March 01, 2011

$50,000,000 7.375% Debentures

Issued by

CATERPILLAR INC

CUSIP# : 149-123-BE0