BNP Tenders For UCI RMBS Bonds March 09, 2010

-- Daniel O’Leary BNP Paribas is again tendering for residential mortgage-backed securities sponsored through its Spanish subsidiary Unión de Créditos Inmobiliarios. The bonds tendered for are from the Fondo de Titulización de Activos UCI vehicles 8-17, excluding UCI 13, representing about €9.08 billion ($12.32 billion) of outstanding transactions. Damian Saunders, London-based head of syndicate at BNP, said a price ceiling had been set for this tender to ...

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