Italian RMBS sell-off 'unlikely'

Category: RMBS ABS Regulation

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Uncertainty ahead may see pan-European issuance drop

A widespread sell-off of Italian RMBS is ‘unlikely’, despite a recent comment from a UK investment manager that there is no longer a case for investing in Italian RMBS now spreads are trading within Italian government bonds. The statement, from 24 Asset Management (24AM), adds that Dutch and UK RMBS are now a more sensible option, although some investors question this viewpoint on a number of grounds.

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