UK RMBS investors reaching for yield
Demand for the most junior tranches of UK RMBS Fleet 2018-1 jumped on Wednesday, even as spreads tightened, in contrast to price sensitivity in the senior tranches. At the same time, Clydesdale showed in its latest Lanark RMBS deal that the cost advantage compared to covered bonds has improved.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: