Marche RMBS prices strongly despite tricky collateral base

The Italian RMBS sector welcomed a new issuer to market this week as BNP Paribas closed a securitization for regional bank Banca delle Marche. The group was formed by the merger of three small savings banks in 1994. Securitization will allow it to continue growing and improve asset liability managem...

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Veröffentlicht in:Euroweek 2003-03, p.1
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Sprache:eng
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Zusammenfassung:The Italian RMBS sector welcomed a new issuer to market this week as BNP Paribas closed a securitization for regional bank Banca delle Marche. The group was formed by the merger of three small savings banks in 1994. Securitization will allow it to continue growing and improve asset liability management by matching long term loans with longer dated bonds.
ISSN:0952-7036