CMBS spreads grind tighter

CMBS spreads grind tighter

Category: CMBS Secondary markets

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US CMBS secondary spreads came in markedly yesterday as the market continues to grind tighter. SCI's PriceABS BWIC data has 111 line items for the session, with supply remaining steady if unspectacular.

Interactive Data figures place CMBS bid-list volume for Wednesday at US$146m, plus approximately US$310m of GNMA IOs that were also out for the bid.

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