RBS’s £4.7bn Arran RMBS raises hope of ABS revival

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RBS’s £4.7bn Arran RMBS raises hope of ABS revival

The European securitisation market is about to be offered its biggest transaction since the credit crisis — a £4.7bn three currency issue from Royal Bank of Scotland that is as large as some of the jumbo deals of 2006 and 2007.

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