Euro RMBS hits highs

Euro RMBS hits highs

Category: RMBS Secondary markets

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Activity in the European RMBS secondary market has been particularly strong over the last couple of days. Granite triple-B spreads - now at 82 - are at their best levels since the crisis. They began the year in the very-low 50s (SCI 26 January).

"Yesterday a fairly large BWIC of non-conforming RMBS was circulating.

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