Storm battles poor weather in securitization

fightingthestorm
By Graham Bippart
03 Sep 2015

Dutch mortgage lender Obvion has braved the difficult conditions in the European securitization primary markets to launch a new deal.

The RMBS, Obvion’s second of the year, is being offered to investors at 35bp over three month Euribor and has brought in an €800m book. This is despite the spread being 9bp wider than the five year tranche Obvion priced in March. That deal brought in €2.3bn of ...

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