MPS plans EUR 1.5 bn mortgage-backed sale

By A staff reporter 2010-11-08T00:00:00

Italy's Banca Monte Paschi di Siena is planning to sell EUR 1.5 bn of securities in the country's first residential mortgage-backed securities operation since the start of the credit crisis. Market regulator Consob last week authorised Italy's oldest bank to go ahead with its offer of asset-backed securities, planned for ...

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