Lloyds seeks new investors with yen RMBS innovation
Lloyds Banking Group is set to price on Friday the first European RMBS to offer a yen denominated tranche. Arkle 2010-2 has met strong demand, according to leads Barclays Capital, JPMorgan, Lloyds and Nomura (yen tranche only), prompting them to insert a floating rate sterling tranche on Thursday morning.
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