New CMBS trade

New CMBS trade

Category: CMBS Secondary markets

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US CMBS spreads ground tighter yesterday, ending a three-day period of widening. The benchmark GSMS 2007-GG10 A4 tranche outperformed the broader market, according to Trepp, finishing at 230bp - 10bp tighter than at Tuesday's close.

Bid-list volumes stood at around US$400m yesterday and on Tuesday, twice as much as the total seen on Monday.

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