RMBS maturity extension risk returns to threaten sector repricing

Bill Thornhill

June 23, 2022 09:30 PM

raising rates HiRes 575

A non-call event could ‘severely’ reprice mezzanine bonds

Unlock this article.

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

To unlock this article:

Request a Free Trial or Login

Topics

Europe RMBS Cover story Deutsche Bank

BT

Bill Thornhill

Related articles

RMBS US

TPG’s GCAT returns with non-QM with familiar duo to follow

Mezz continues to be 'very negotiable' even as senior tranche spreads enjoy stability

Nick Conforti, April 30, 2025
Supras and agencies

KfW braves stabilising market with $5bn reopener

◆ Swap spread stability enables large $5bn trade ◆ Spread to US Treasuries gets squeezy ◆ Alternative executions considered but not needed

Addison Gong, April 30, 2025
RMBS Europe

Plata leads UK securitization restart with IPTs on delayed deal

Paratus says investors 'ready to go' as it offers mixed pool RMBS, while Pepper is out with second lien trade

George Smith, April 30, 2025
Supras and agencies

Investors soak up supranational dollar trio

◆ NIB, IADB, CEB price bonds ◆ Busy week drains liquidity from market ◆ Treasury spreads at 'historic' tights

Elias Wilson, April 30, 2025
Syndicated Loans

Metso increases sustainability loan for €700m and adds one to its bank group

The company has refinanced and increased its loan by another €100m

Jennifer Law, April 30, 2025
Sovereigns

Portugal brings €3bn syndication in busy window for EGBs

◆ ‘Decent book’ 5.3 times covers deal ◆ Third govvie to bring a deal in two days ◆ Valuation still tight versus most peers

Addison Gong, April 30, 2025