BAML makes switch to Sonia with new RMBS mandate

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RMBS

BAML makes switch to Sonia with new RMBS mandate

Tom Brown
May 17, 2019 05:00 PM
BAML
DTFF80 United Kingdom, London : Bank of America Merrill Lynch in the City of London. | Alamy Stock Photo

Bank of America Merrill Lynch has been mandated for a new UK RMBS transaction for specialist lender Precise Mortgages, with all tranches on offer referencing the sterling overnight index average (Sonia).

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