Nationwide follows Lloyds with RMBS
Nationwide Building Society will begin roadshows next week for its first publicly marketed RMBS.
Nationwide established its £28bn Silverstone master trust in 2008, but retained the issuance for liquidity purposes. The new Silverstone issuance, series 2009-1, will be denominated in sterling with Barclays Capital, Citi and JPMorgan as bookrunners.
The master trust has average seasoning of 44 months, an average indexed loan to ...Already a subscriber? Login