ECB notches a win as once giant Spanish RMBS mart awakens
![ECB new building 2014 dawn](https://assets.euromoneydigital.com/dims4/default/4a67cce/2147483647/strip/true/crop/230x145+0+0/resize/840x530!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F6b%2F0c%2F86b1c4b7d1a44d8e20fb986663e8%2Fnew-ecb-building-dawn-2014.jpg)
The European Central Bank was this week taking credit for the nascent revival of the periphery securitization market, with two debuts in residential mortgage-backed securities from countries that haven’t issued since the crisis in the past two weeks and rumblings that other lenders long absent are considering a return to the market, writes Graham Bippart.
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