Spreads tighten for pair of UK RMBS deals

Tom Brown

September 12, 2019 04:30 PM

USD GBP Balance — Investor trading the British pound sterling at par with the US Dollar. A golden pair of balances are keeping the pound sign and dollar currency symbol in equilibrium. Business concept for forex. | Leo Wolfert/leowolfert - stock.adobe.com

Pepper Group subsidiary Optimum Credit has priced its Castell 2019-1 deal tight of guidance, while Yorkshire Building Society’s Brass No 8 RMBS was also priced, with senior notes tightening by about 5bp from initial price thoughts.

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Topics

Lloyds Bank BNP Paribas RMBS Securitization ABS UK Europe Citi EMEA

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Tom Brown