SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 25, 2000
BSMS
(Depositor)
(Issuer in respect of , Series 1999-1)
(Exact name of registrant as specified in charter)
DELAWARE 33-63714 95-4449516
(State or other (Commission File No.) (I.R.S. Employer
jurisdiction of Identification No.)
organization)
155 LAKE AVENUE, PASADENA, CA 91110-7137
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code: (818) 304-4428
Not Applicable
(Former name, former address and former fiscal year,
if changed since last report)
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Item 5. Other Events
BSMS
(null)
Series 1999-1
On May 25, 2000, The Bank of New York, as Trustee for BSMS, Series 1999-1, made
a monthly distribution to Certificate holders of principal and/or interest
pursuant to the Pooling and Servicing Agreement, dated as of July 1, 1999, among
BSMS as Depositor, BEAR STEARNS ASSET BACKED SECURITIES, INC., Seller and Master
Servicer and The Bank of New York, as Trustee.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
99 Report to Holders of BSMS, Series 1999-1 relating to the
distribution date of May 25, 2000 prepared by The Bank of
New York, as Trustee under the Pooling and Servicing
Agreement dated as of July 1, 1999.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: May 25, 2000
BSMS
By: /s/ COURTNEY A. BARTHOLOMEW
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Name: COURTNEY A. BARTHOLOMEW
ASSISTANT VICE-PRESIDENT
The Bank of New York,
as Trustee
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EXHIBIT INDEX
Exhibit
99 Monthly Remittance Statement dated May 25, 2000