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European primary calendar continues to build

Europe's pipeline for primary issuances is swelling. Marketing began last week for Money Partners 3, the latest GBP500 million ($892 million) U.K. nonconforming RMBS. Money Partners' senior notes are offered with 0.9-year and 3.0-year average lives, sized at GBP130 million and GBP289.8 million, respectively. The notes are offered in...

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