VTB Capital completes second RMBS in a year for Absolut Bank

VTB Capital has closed a Rb8.2bn (€181m) securitization backed by a portfolio of mortgages from Russia’s Absolut Bank. It managed to price the bonds at a lower coupon than for a similar deal put together for the same originating bank in April 2013.

  • By Joseph McDevitt
  • 07 Jan 2014

The Rb6.9bn senior tranche of bonds was privately placed with domestic investors and pays a fixed rate of 8.9%. This was done “under market conditions outside of government support programmes”, according to an announcement from VTB Capital.

These “government support programmes” refer to the Agency for Housing ...

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1 Bank of America Merrill Lynch (BAML) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

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  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
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