Citi attracts RMBS investors with unusual collateral

Citi priced a A$760m ($798m) residential mortgage-backed securitisation on Tuesday, after real money accounts flocked to the deal’s unusual asset pool.

  • 19 Apr 2011

Some 8.5% of the loans in Citi’s asset pool are low documentation while 34.9% of the collateral has a loan-to-value ratio that is great than 80%. Real money investors snapped up the chance to diversify their portfolios, buying around 80% of the deal.

“This was a good result for ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%