Ally Bank priced $1.1 billion of securities backed by prime auto leases, according to a regulatory filing.

The deal, AART 2014-SN2 is rated by Fitch Ratings and Standard & Poor’s. The fixed-rate, ‘AAA’/ ‘AAA’ rated, 1.27-year notes yield 33 basis points over the Eurodollar synthetic forward curve. The floating-rate, 1.27-year notes yield 30 basis points over one-month Libor.

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