Spanish street

Primary energy

Category: ABS RMBS

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European ABS primary market update

The European primary RMBS market has come to life after the BPCE Home Loans FCT 2018 priced today (18 October). The senior tranches printed at between high-20s to low-30s.

“With a lot of new issues pricing, investors are putting their energy into primary instead of secondary,” says one trader.

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