Barclays blasts off with £2.3bn Gracechurch

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Barclays blasts off with £2.3bn Gracechurch

Barclays Bank was back in the RMBS market after a four year absence on Thursday, with Gracechurch Mortgage Funding 2011-1, a trade that was at least £2.3bn equivalent as EuroWeek went to press, despite grim market conditions during the marketing process.

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