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HBOs deal tightens spreads for U.K. RMBS sector

RMBS emerged as a major theme in last week's relatively sluggish European market, as several mortgage deals from the U.K., Portugal and Spain sought investors.

Permanent Financing No. 6, a GBP3.87 billion equivalent deal from HBOs, dominated the week, pricing at new tights. Citigroup, Credit Suisse First Boston and...

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