Investors reveal size demands as NN Bank joins dwindling Dutch RMBS

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By Tom Porter
30 Mar 2015

ING-owned Nationale-Nederlanden Bank has printed its first broadly syndicated Dutch RMBS, with investors showing demand for nearly four times the size of its two year offering.

NN Bank printed its €700m Hypenn III RMBS on Friday through arranger JP Morgan and fellow joint lead managers ING and Rabobank.

This is the first time the issuer has publicly offered investors RMBS, at a time when spreads in Dutch RMBS have been continually improving on post-crisis ...

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