Dutch RMBS: Guidance Out On Storm 2012-I

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Dutch mortgage originator Obvion yesterday announced the first Dutch RMBS of the year, Storm 2012-I.

Price guidance is 3-month Euribor plus 120bps for the €150mn 2-year class A1 notes, and +155bps for the €550mn 4.9-year A2s, according to Informa Global Markets. Analysts at Standard & Poor’s said that pricing is expected for this week.


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