RBS returns to securitisation with a splash

Royal Bank of Scotland is marketing its first securitisation of consumer assets since the credit crisis, and it’s taking no chances. The £4.7bn RMBS is being offered in three currencies and maturities, making it the first European ABS to be sold to US investors since the introduction of rule 17(g)5. Read EuroWeek on Friday to find out how the market reacts to a new issuer in the select ABS club.