Kensington deal tightens as pipeline churns

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Kensington deal tightens as pipeline churns

PA-rows of houses

Kensington priced its Finsbury Square RMBS deal on Thursday at 103bp over Sonia, tight of initial price thoughts (IPTs) of 105bp-110bp, despite the fact that many UK and European investors have stated that they are fully allocated in securitized products at the moment.

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