Copying and distributing are prohibited without permission of the publisher.

Watermark

BNPP preps new retained deals

10 Oct 2011

BNP Paribas has structured two French RMBS deals totalling €1.61bn, which will be retained – suggesting the bank is building its reserves of top-rated collateral. The French bank retained few ABS or covered bonds between 2007 and this year, with only one senior deal kept on the books, Phedina 2010.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
10 Oct 2011