Statement to Certificate Holders
Exhibit
99.1
Statement
to Certificate Holders
To
the
holders of Core Investment Grade Bond Trust I Pass-Through Certificates, Series
2002-1
(CUSIP:
00000XXX0) (the "Certificateholders"):
Reference
is made to that certain Trust Agreement, dated as of November 20, 2002, among
Core Bond Products LLC, as depositor, The Bank of New York, as trustee (the
"Trustee") and securities intermediary, and Banc of America Securities LLC,
as
administrative agent (the "Trust Agreement") creating the Core Investment Grade
Bond Trust I. Capitalized terms used but not specifically defined herein will
retain the meanings ascribed to them in the Trust Agreement.
As
of the
Distribution Date occurring on May 30, 2007, the Trustee hereby provides the
following information with respect to the Underlying Notes:
|
Issuer
|
Coupon
|
Principal
Amount
|
%
of Aggregate
Principal
Amount
|
Maturity
Date
|
||||||||||
|
AMERICA
GENERAL
|
4.411%
|
$ |
75,000,000.00
|
4.19%
|
11/30/2007
|
|||||||||
|
ARCHSTONE
|
4.861%
|
$ |
35,000,000.00
|
1.96%
|
11/30/2007
|
|||||||||
|
BANK
OF AMERICA
|
3.761%
|
$ |
145,000,000.00
|
8.10%
|
11/30/2007
|
|||||||||
|
BOEING
|
4.761%
|
$ |
110,000,000.00
|
6.15%
|
11/30/2007
|
|||||||||
|
CATERPILLAR
|
3.751%
|
$ |
75,000,000.00
|
4.19%
|
11/30/2007
|
|||||||||
|
CENTEX
|
5.461%
|
$ |
35,000,000.00
|
1.96%
|
11/30/2007
|
|||||||||
|
CIT
GROUP
|
5.761%
|
$ |
110,000,000.00
|
6.15%
|
11/30/2007
|
|||||||||
|
DOW
CHEMICAL
|
5.161%
|
$ |
110,000,000.00
|
6.15%
|
11/30/2007
|
|||||||||
|
DUKE
ENERGY
|
4.611%
|
$ |
110,000,000.00
|
6.15%
|
11/30/2007
|
|||||||||
|
ERP
OPERATING
|
4.861%
|
$ |
50,000,000.00
|
2.79%
|
11/30/2007
|
|||||||||
|
FLEETBOSTON
|
4.391%
|
$ |
110,000,000.00
|
6.15%
|
11/30/2007
|
|||||||||
|
GENERAL
XXXXX
|
3.901%
|
$ |
135,000,000.00
|
7.54%
|
11/30/2007
|
|||||||||
|
ILFC
|
5.491%
|
$ |
110,000,000.00
|
6.15%
|
11/30/2007
|
|||||||||
|
XX
XXXXXX
|
4.471%
|
$ |
135,000,000.00
|
7.54%
|
11/30/2007
|
|||||||||
|
KIMCO
REALTY
|
4.961%
|
$ |
35,000,000.00
|
1.96%
|
11/30/2007
|
|||||||||
|
MBNA
|
5.711%
|
$ |
100,000,000.00
|
5.59%
|
11/30/2007
|
|||||||||
|
SLM
CORP
|
3.821%
|
$ |
110,000,000.00
|
6.15%
|
11/30/2007
|
|||||||||
|
VALERO
ENERGY
|
6.311%
|
$ |
50,000,000.00
|
2.79%
|
11/30/2007
|
|||||||||
|
VODAFONE
|
4.161%
|
$ |
150,000,000.00
|
8.38%
|
11/30/2007
|
|||||||||
| $ |
1,790,000,000.00
|
100.00%
|
||||||||||||
The
aggregate interest balance due and not paid on the Underlying Notes as of the
Distribution Date is $0.00.
Pursuant
to Section 4.02(a) of the Trust Agreement, the Trustee hereby also provides
notice of the following with respect to the Distribution Date:
|
1.
|
The
amount of distributions to Certificateholders on the Distribution
Date
allocable to the principal or interest portion of Available Funds,
or the
amount of premiums, if any, payable to Certificateholders as a result
of
the optional redemption of Underlying Notes, is set forth below (expressed
as a Dollar amount per minimum denomination of
Certificates):
|
|
Premium
Amount
|
||||||||||||||
|
Total
Amount Payable
|
Distribution
Amount
|
Distribution
Amount
|
Payable
as a Result
|
|||||||||||
|
to
Certificateholders
|
Allocable
to Interest
|
Allocable
to Principal
|
of
Optional Redemption
|
|||||||||||
| $ |
23.208882682
|
$ |
23.208882682
|
$ |
0.00
|
$ |
0.00
|
|||||||
Certificate
Principal Balance
was $1,790,000,000.00.
|
3
|
The
amount received by the Trustee on the related Underlying Notes for
the
applicable Underlying Note Accrual Period was
$41,580,700.00.
|
|
4.
|
The
aggregate principal amount of the Underlying Notes as of the Distribution
Date was $1,790,000,000.00. The weighted average interest rate per
annum
to the Underlying Notes for the next succeeding Underlying Note Accrual
Period, assuming no optional redemption of any Underlying Notes,
is
4.6417765%.
|
| The Bank of New York, as Trustee | |||
|
|
By:
|
/s/ Xxxxxx Xxxxxxxx | |
| Name: Xxxxxx Xxxxxxxx | |||
| Title: Assistant Treasurer | |||
