All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Intesa clears hurdles in RMBS collateral test

Italy’s Intesa Sanpaolo relaunched issuance of covered bonds secured by residential mortgage backed securities this week when it sold a Eu1bn five year issue that overcame reduced line availability for Italian debt and some resistance to the deal’s structure. Axa Bank Europe is expected to further test appetite for such a product by launching its own deal soon.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree