Permanent offers price guidance in the low 100s

27 Jan 2010

Bank of America Merrill Lynch, JP Morgan and Lloyds have released price guidance for HBOS’s £2bn equivalent RMBS Permanent Master Issuer 2010-1.

The $500m 2.95 year ‘1A’ tranche is talked in the 115bp area over Libor, the £200m 5.19 year ‘2A1’ piece at 125bp-130bp, the Eu600m 5.19 year ‘2A2’ tranche in the 125bp area, and the £500m 6.95 year ‘3A’ tranche at 125bp-130bp over mid swaps. The £500m ‘4A’ tranche ...

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