U.K. Non-Conf RMBS Drives Tight In Secondaries

31 Jan 2013

Surging bids on U.K. non-conforming residential mortgage-backed securities are raising eyebrows in the secondary markets, according to London-based bankers on the frontline.

Surging bids on U.K. non-conforming residential mortgage-backed securities are raising eyebrows in the secondary markets, according to London-based bankers on the frontline.

The market backdrop this week was characterized by very light trading of consumer asset-backed securities and RMBS amidst sustained low supply, as well as the emergence of ...

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