ABN AMRO Bank has issued €7.7 billion in notes from its revolving multiple-issuance RMBS program to redeem three previous issues of Dutch residential mortgage-backed securities.

The Dolphin Master Issuer Series 2016-1 is a Class A-only notes structure, which has been assigned a ‘AAA’ structured rating by Standard & Poor’s. The Dolphin Master Issuer trust is a multiple-issuance Dutch RMBS program with an ongoing revolving period, and uses first- and lower-ranking Dutch mortgages as collateral.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.