A2 Class Of NIBC RMBS A Hard Sell

18 Mar 2010

The Hague, Netherlands-based NIBC Bank has managed to sell the €530.6 million ($725 million) A2 class of its latest Dutch MBS XV residential mortgage-backed securities deal after syndicate officials increased the tranche’s price.

-- Daniel O’Leary

The Hague, Netherlands-based NIBC Bank has managed to sell the €530.6 million ($725 million) A2 class of its latest Dutch MBS XV residential mortgage-backed securities deal after syndicate officials increased the tranche’s price. When the deal closed yesterday, the class was only 5% oversubscribed with the ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial