U.K., Dutch Perma RMBS CDS Spreads See Dramatic Tightening

Permanent credit default swaps on prime U.K. and Dutch residential mortgage-backed securities have tightened dramatically over the past six weeks, according to industry analysts.

  • 28 Apr 2008

--Cristina Pittelli

Permanent credit default swaps on prime U.K. and Dutch residential mortgage-backed securities have tightened dramatically over the past six weeks, according to industry analysts. Both U.K. and Dutch spreads came in around 85 basis points running last week from 250 bps and early 200 bps in mid-March, ...

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