Credit Suisse has priced its non-conforming U.K. residential mortgage-backed trade, Alba 2011-RP1.The 3.3-year A1 bond, sized at £202.3 million ($331.2 million), priced at one-month LIBOR plus 300 basis points. The 4-year £72.3 million ($118.3 million) A2 notes reached 400 bps. This was in line with price guidance, ...
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