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Bank of Scotland issues second master-trust RMBS

Bank of Scotland launched its second RMBS, under Mound Financing (No.2); issuing US$650 million and GBP300 million floating-rate notes. The transaction is lead-managed by Citibank/Schroder Salomon Smith Barney, and once again employed the master trust structure. The transaction was issued in five tranches:

*Class A1 (rated Triple A by...

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