Caixa carries Brazil's RMBS market

Caixa carries Brazil's RMBS market

Capital Markets Bonds Corporate & Sovereign Strategy Debenture Economy & Policy Fixed Income Politics Loans Brazil

Caixa Econômica Federal could sell BRL100bn ($26.9bn) in securities to fund a growing home loan portfolio over the next four years and provide a boost to Brazil's residential mortgage-backed security (RMBS) market, S&P Global Ratings said in a report. After structured finance issues totaled $9bn in 2018, Caixa's plans could mark a milestone for RMBS sales in Brazil and turn the asset-backed security into a key financing alternative for local lenders in the future, S&P said. Caixa provi

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