Let Y be an integral nodal projective curve of arithmetic genus g≥2\documentclass[12pt]{minimal}
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\begin{document}$$g\ge 2$$\end{document} with m nodes defined over an algebraically closed field. Let n and d be mutually coprime integers with n≥2\documentclass[12pt]{minimal}
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\begin{document}$$n\ge 2$$\end{document} and d>n(2g-2)\documentclass[12pt]{minimal}
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\begin{document}$$d > n(2g-2)$$\end{document}. Fix a line bundle L of degree d on Y. We prove that the Picard bundle EL\documentclass[12pt]{minimal}
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\begin{document}$$\mathbf{E}_L$$\end{document} over the ‘fixed determinant moduli space’ UL(n,d)\documentclass[12pt]{minimal}
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\begin{document}$$U_L(n,d)$$\end{document} is stable with respect to the polarisation θL\documentclass[12pt]{minimal}
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\begin{document}$$\theta _L$$\end{document} and its restriction to the moduli space UL′(n,d)\documentclass[12pt]{minimal}
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\begin{document}$$U'_L(n,d)$$\end{document}, of vector bundles of rank n and determinant L, is stable with respect to any polarisation. There is an embedding of the compactified Jacobian J¯(Y)\documentclass[12pt]{minimal}
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\begin{document}$$\bar{J}(Y)$$\end{document} in the moduli space UY(n,d)\documentclass[12pt]{minimal}
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\begin{document}$$U_Y(n,d)$$\end{document} of rank n and degree d. We show that the restriction of the Picard bundle of rank ng (over UY(n,n(2g-1))\documentclass[12pt]{minimal}
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\begin{document}$$U_Y(n,n(2g-1))$$\end{document}) to J¯(Y)\documentclass[12pt]{minimal}
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\begin{document}$$\bar{J}(Y)$$\end{document} is stable with respect to any theta divisor θJ¯(Y)\documentclass[12pt]{minimal}
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\begin{document}$$\theta _{{\bar{J}}(Y)}$$\end{document}.
