HSBC Lands MXP3.5bn RMBS

HSBC Lands MXP3.5bn RMBS

Structured Finance

HSBC's Mexican arm priced Wednesday MXP3.5bn in RMBS across two tranches. The deal has a 4.7-year average life. A MXP3.22bn senior tranche came 100bp wide of the 2013 MBono to yield 8.8%, while a MXP283m subordinated tranche was priced at 231bp over

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