Description

Strats(SM) Trust For Allstate Corp Securities, Series 2006-3 06-3 ASSET BKD is a structured asset-backed securitization trust operating within the financial sector, specifically focused on asset-backed securities. The trust's primary operation involves holding underlying securities, specifically Allstate Corporation 5.95% Notes due 2036, and issuing its own corresponding asset-backed certificates, known as STRATS Certificates, Series 2006-3. The trust serves to facilitate the distribution of payments, including interest and principal, derived from these underlying Allstate Corporation securities to the holders of its issued certificates. It regularly files Asset-Backed Issuer Distribution Reports (Form 10-D) and annual reports (Form 10-K) with the Securities and Exchange Commission, detailing its ongoing financial performance and distributions.