Fortis Reverses RMBS Non-Call Decision

Fortis Bank Nederland has reversed its September decision to not call its Delphinus residential mortgage-backed securities.

  • 09 Dec 2009

-- Daniel O’Leary

Fortis Bank Nederland has reversed its September decision to not call its Delphinus residential mortgage-backed securities. Dipesh Mehta, RMBS researcher at Barclays Capital, said the reversal may be the result of the European Commission getting more comfortable with Fortis’ restructuring plans, he said. “It could have ...

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2 Rabobank 14.41
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1 Wells Fargo Securities 11,897.40 33 11.83%
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4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%