RMBS over-supply looms as investors demand price concessions
With the second Dutch RMBS and first UK RMBS in the market this week — Dolphin and Holmes — investors are already concerned about over-supply. The same originators and the same asset classes as last year look set to dominate the market in 2011, meaning syndicates may need to offer investors a little more than pricing in line with the curve. Read EuroWeek on Friday to see if they do.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts