The Federal Deposit Insurance Corp.(FDIC) is prepping a new $367.9 million securitization deal that will be managed by the Royal Bank of Scotland, according to a Reuters report.

The deal, which is a follow up on the FDIC's $409 million 2010-R1 deal, which priced in July 2010, will offer investor a tranche of  Class A certificates that will be issued with a U.S. government guaranty.

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