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Granite mezz roars but pipeline still paltry

07 Jan 2011

The secondary market for UK mezzanine RMBS has opened 2011 with a bang, with Granite mezz pieces having risen three points in two days by Thursday. But the strong secondary backdrop has failed to flush out primary deals, with no new European ABS expected this week and only vague rumours for the week ahead.

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07 Jan 2011