RBS Hits Mart With New Arran Trade

29 Mar 2011

The Royal Bank of Scotland is rolling out a £4 billion ($6.38 billion) Arran residential mortgage-backed securitization.

—Hugh Leask

The Royal Bank of Scotland is rolling out a £4 billion ($6.38 billion) Arran residential mortgage-backed securitization. The public standalone deal comprises three AAA-rated classes and is backed with a £4.6 billion ($7.3 billion) pool of U.K. prime residential mortgages originated by RBS. It is being offered ...

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