RMBS world expands as MPS brings Italy back
Banca Monte di Paschi di Siena has launched the first post-crisis Italian RMBS deal, through its Siena Mortgages 10-7 vehicle. Moody’s has provisionally rated Eu598.5m of the A1 notes and Eu800.2m of the A2 notes as triple-A, but the size of the deal is still subject to discussion.
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