The 10-year Treasury has finally touched 3% this Tuesday morning, but the rates back-up is having no visible effect on what one banker calls the “untamable” high-grade market.
Paul Vanderslice has left Citigroup after nearly three decades to head the real estate securities arm of Cantor Fitzgerald, a person familiar with the matter told IFR.
Suncorp-Metway has priced its Apollo Series 2018-1 Trust RMBS, which was increased to A$1.25bn (US$969m) from A$750m.
Liberty Financial began taking indications of interest last week for the Liberty Series 2018-1 Trust RMBS, ahead of a potential euro and Australian dollar issue this week.
Industrial Bank has raised Rmb7.949bn (US$1.26bn) from the first Chinese offering of residential mortgage-backed securities available via the Bond Connect link.
Blackstone announced a return to the CMBS market with a new Italian trade, less than a week after pricing its Finnish CMBS FROSN-2018.