Sterling RMBS blowout as non-UK investors return to market
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Sterling RMBS blowout as non-UK investors return to market

Tom Brown
January 16, 2020 04:15 PM
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Issuers priced two sterling residential mortgage-backed securities (RMBS) deals this week, with Precise Mortgage Funding 2020–1B showing an unprecedented five times coverage on senior notes and up to 12 times on the mezzanine tranches, as overseas investors return to the sterling market.

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Lloyds Banking GroupRMBSSecuritizationUKEuropeCitiEMEA
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Tom Brown
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