Dual personality Russian consumer ABS opens up domestic buyer base

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Dual personality Russian consumer ABS opens up domestic buyer base

A new Rb10bn (€230m) Russian consumer loan-backed securitization that melds international and Russian securitization features is due to be sold to an unprecedentedly large base of domestic buyers towards the end of October. Securitization specialists involved in the deal reckon the innovative template could be applied more widely, not only in Russia but also in other emerging market countries.

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