Barclays creates €7bn collateral from Italian mortgage book

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Barclays creates €7bn collateral from Italian mortgage book

Barclays has structured a €7bn securitisation of Italian mortgages, using the Mercurio Mortgage Finance programme. The deal will be retained, giving Barclays an extra slug of eligible collateral for the ECB’s LTRO facility, ahead of the second tender at the end of February 28.

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