Juicy yields draw global buyers to Latitude card deal

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Juicy yields draw global buyers to Latitude card deal

PA-credit cards
Credit cards showing the logos of American Express, Mastercard and Visa. | Dominic Lipinski/PA Wire/PA Images

Latitude Financial Services’ third Australian dollar credit card securitization this week offered a healthy pick up in spreads compared with other currencies, drawing a range of global investors to the deal even after currency swap costs were taken into account.

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