The Dutch State Treasury, on Wednesday, sold $5.1 billion of non-agency RMBS held in the ING illiquid assets back-up facility to 5 dealers.

Bank of America purchased the largest share of $1.9 billion, according to a State Treasury press release.  The remaining bonds were sold to Credit Suisse, Deutsche Bank, Goldman Sachs and Morgan Stanley. The remaining bonds have a face value of $6.5billion.   

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