NN Bank issues IPTs for new Hypenn 4 Dutch RMBS

By David Bell
29 Sep 2015

Nationale-Nederlanden Bank (NN Bank) has issued initial price thoughts for its Dutch RMBS transaction from its Hypenn programme.

IPTs are at three-month Euribor plus 30bp area for the fast paying A-1 tranche, and at 40bp area for the slow paying A-2 tranche, reflecting the general widening of spreads in the asset class since the summer.

NN Bank’s last issuance, Hypenn 3, which was priced in March, achieved ...

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