BNP Readies Public Dutch RMBS Trade

06 Jun 2011

BNP Paribas is prepping a new Dutch residential mortgage-backed securitization, Phedina Hypotheken 2011-1, which will be publicly marketed.

—Hugh Leask

BNP Paribas is prepping a new Dutch residential mortgage-backed securitization, Phedina Hypotheken 2011-1, which will be publicly marketed. The trade is backed with residential mortgages originated by BNP subsidiary BNP Paribas Personal Finance to borrowers in the Netherlands.

The deal comprises a €300 million ($438.1 million) senior A1 ...

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