Canadian CRT in the wings

Category: Capital Relief Trades

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Canadian bank said to ready CRT

A Canadian bank, rumoured to be Scotia, is working on a new CRT trade, say well-placed market sources.

Timing is uncertain, and it is also not clear if the bank has gone out to investors yet.The asset base is believed to be SME or large corporate loans, but, again, this is surmise at the moment.

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