High LTV Italian SRT inked

Category: Capital Relief Trades


Previous Story       Next Story

Intesa executes capital relief trade

Intesa Sanpaolo has finalized a significant risk transfer (SRT) transaction from the GARC programme that references a €1.3bn portfolio of high loan-to-value (LTV) residential mortgages.

The deal is the first high LTV mortgage SRT in the Italian market. The mortgages in the pool have a LTV ratio that is 80% or higher.

Already registered?

Not yet registered? Join today to access SCI Content.

-