Veneto Banca tightens curve again with ECB set to intensify periphery squeeze
Veneto Banca priced its second resale of Claris 2011 RMBS paper of the year this week, bringing its funding costs in the asset class well inside 100bp over Euribor. And with the European Central Bank set to begin ABS purchases next week, bankers expect the market to become even more attractive to periphery credits.
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