Obvion Prices Year’s Fourth Storm RMBS

12 Sep 2013

Rabobank’s mortgage subsidiary Obvion priced its fourth Dutch residential mortgage securitization—STORM 2013-IV—late on Thursday afternoon.

Rabobank’s mortgage subsidiary Obvion priced its fourth Dutch residential mortgage securitization—STORM 2013-IV—late on Thursday afternoon.

The two-year EUR150 million ($199.7 million) class A1 tranche priced at three-month EURIBOR plus 45 basis points in line with the initial price guidance that went out earlier in the day. The 4.8-year EUR550 ...

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