|
|
|
|
|
|
|
|
|
|
Previous: MBNA AMERICA BANK NATIONAL ASSOCIATION, 8-K, EX-99.15, 2000-11-14 |
Next: MBNA AMERICA BANK NATIONAL ASSOCIATION, 8-K, EX-99.17, 2000-11-14 |
Exhibit 99.16
MBNA MASTER CREDIT CARD TRUST II
SERIES 1996-M
KEY PERFORMANCE FACTORS
OCTOBER, 2000
Expected B Maturity 12/15/06
Blended Coupon 6.8674%
Excess Protection Level
3 Month Average 5.84%
October, 2000 6.28%
September, 2000 5.74%
August, 2000 5.50%
Cash Yield 19.69%
Investor Charge Offs 4.51%
Base Rate 8.90%
Over 30 Day Delinquency 5.23%
Seller's Interest 10.66%
Total Payment Rate 14.07%
Total Principal Balance $ 56,359,968,018.99
Investor Participation Amount $ 500,000,000.00
Seller Participation Amount $ 6,009,277,457.50
|
|