Spanish Bank Issues €1 Bln MBS

02 Sep 2010

Banco Sabadell, a Spanish commercial bank, has offered €1 billion ($1.28 billion) of mortgage-backed securities, which will mature in two years.

Banco Sabadell, a Spanish commercial bank, has offered €1 billion ($1.28 billion) of mortgage-backed securities, which will mature in two years. This is the third MBS placement by a Spanish bank recently, following those of Banco Popular and Banesto, and is viewed as a sign that investors are ...

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