RMBS maturity extension risk returns to threaten sector repricing

Bill Thornhill

June 23, 2022 09:30 PM

raising rates HiRes 575

A non-call event could ‘severely’ reprice mezzanine bonds

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Europe RMBS Cover story Deutsche Bank

BT

Bill Thornhill

Related articles

Syndicated Loans

Octopus Renewables gets £100m loan to pay off revolver

Listed investment company is striving to cut debt costs

Jennifer Law, March 03, 2025
RMBS Europe

Virgin Money brings more UK prime RMBS supply

Bankers expect Lanark to price within 'narrow' UK prime RMBS spread corridor

Tom Hall, March 03, 2025
Sovereigns

France faces challenging times say CRAs as S&P switches to negative outlook

Scope warns country is ‘heading towards difficult budgetary trade-offs’ with increased defence spending

Addison Gong, March 03, 2025
Regulatory Capital

NN Group to refi grandfathered capital with new RT1

◆ Dutch insurance company prepares deeply subordinated issue amid weaker market ◆ But FIG's fundamentals unchanged ◆ Spike in rates may boost demand from yield buyers

Atanas Dinov, March 03, 2025
Covered Bonds

Danish Ship Finance sets sail for euro covered bond

Leads to use comparables ranging from South Korea to Denmark when pricing upcoming deal

Frank Jackman, March 03, 2025
Sub-sovereigns

Hesse grabs first Länder issuance since election with €500m FRN

◆ Not covered but not uncommon ◆ Prices around 2bp through fixed rate curve ◆ More German state supply expected

Elias Wilson, March 03, 2025