Copying and distributing are prohibited without permission of the publisher.

Watermark

Santander said to be among banks targeting first synthetic STS deals

Banco_Santander_PA_575x375_300120
By Tom Brown
21 Jun 2021

European banks are rushing to finalise the first synthetic ABS transaction to achieve a ‘simple, transparent and standardised’ (STS) verification. The debut deal, which marks a turning point for the significant risk transfer market, has already been signed and is set to arrive in the coming months.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
By Tom Brown
21 Jun 2021