Second-ever Kangaroo RMBS deal prompts hopes for issuance prospects [UPDATED]
- Monday, 28 May 2012
The issuer and leads of the most recent Kangaroo residential mortgage-backed securities transaction – just the second ever to come to market – say they hope the time taken to establish programmes and investor familiarity will be rewarded by future issuance opportunities. Both Kangaroos to date have been based on UK mortgages, and the UK continues to be seen as the most likely source of further deal flow.
