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Structured Bonds

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  • Loans bankers managed to increase Asia Pacific volumes in the second quarter of the year, easily closing more than they managed during a lacklustre first quarter. But the rise in volumes relied on a few big deals — and some bankers are bearish that things are really much better than they were at the start of the year.
  • BMW Bank has announced a new €800m auto lease securitisation, hiring Commerzbank and Société Générale as joint lead managers for the deal.
  • RCI Banque has laid the foundations for more fixed rate auto ABS deals, after it managed to sell €750m to European investors.
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    There is a new boy band set to hit the airwaves, called the EM Syndicate Managers, don’t you know. The revelation came from one of the strapping young lads seen in a photo sent to EuroWeek featuring three of EM’s finest in a very boyband pose.
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