The ECB effect: Banif SME deal to test new bid for periphery ABS
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The ECB effect: Banif SME deal to test new bid for periphery ABS

Portuguese lender Banco Internacional do Funchal (Banif) has launched a securitization of Portuguese SME loans that will include a sale of triple-B rated debt, in an immediate test of whether the European Central Bank has managed to stimulate a new wave of appetite for periphery ABS with last week’s promise to buy up bonds.

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