RBS's £6.5bn Arran is biggest European ABS, Rock £5bn close

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RBS's £6.5bn Arran is biggest European ABS, Rock £5bn close

September 15, 2006 12:00 am

Two of the big guns in UK residential mortgage securitisation fired huge salvos this week, as Royal Bank of Scotland launched Europe's biggest ever securitisation for £6.5bn and Northern Rock issued £5.5bn.

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