* Valtion asuntorahasto, the Housing Fund of Finland, will launch its fifth securitisation of loans to social housing providers today (Friday) or on Monday, via BNP Paribas, Credit Suisse First Boston and Leonia Corporate Bank. Fennica No 5 plc is believed to have found strong demand and is expected to be oversubscribed. Investors were attracted by the impeccable credit record of the Housing Fund's assets and by the virtual certainty that the notes will be redeemed as bullets on their expected maturities.
October 06, 2000