UK RMBS trades keep coming despite stubborn sterling

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UK RMBS trades keep coming despite stubborn sterling

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Close-up of a line of ten pound notes. | Anthony Brown/antbphotos - Fotolia

Precise Mortgages managed to fully cover its latest UK RMBS this week. But the trade had to combat the same investor apathy that has afflicted a string of sterling trades of late, just as Permanent TSB is lining up a return to UK RMBS through CHL Mortgages.

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