Banks Said To Eye Re-Remic For Maiden Lane Portfolio
Nomura has now teamed up with Bank of America and Morgan Stanley, which are said to be considering repackaging some $1.5 billion of collateralized debt obligations into a AAA-rated tranche as a re-remic, if it holds the winning bid for CDOs from the Federal Reserve’s Maiden Lane portfolio.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast