NIBC Plans €746 Mln Primary RMBS March 10, 2010

-- Daniel O’Leary
The Hague, the Netherlands-based NIBC Bank plans to issue in to the primary market a €746 million ($1.02 billion) residential mortgage securitization from its Dutch MBS XV vehicle. The deal signals the second newly structured residential mortgage securitization from the Dutch market since the collapse of Lehman Brothers. Masashi Washida, London-based RMBS syndicate official at Credit Suisse, said the deal was another example of the Dutch ...

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