Brussels flats

Innovative SRT inked

Category: Capital Relief Trades Regulation

Previous Story       Next Story

Belgian synthetic RMBS finalised

AXA Bank Belgium has completed a synthetic RMBS that references a static €730m portfolio of Belgian prime mortgages. Dubbed CASPR-1, the significant risk transfer trade is unusual due to the underlying asset class and the amortisation structure.

Rated by Fitch and S&P, the transaction consists of a €23.575m

Already registered?

Not yet registered? Join today to access SCI Content.