J.P. Morgan Chase priced its $1.13 billion CMBS conduit deal on Friday at levels tighter than the Goldman Sachs CMBS conduit, which also priced last week.

The 10-year, AAA-rated A4 bonds in J.P. Morgan Chase Mortgage Securities Trust 2013-C16 2013-C16 and Goldman Sach’s GSMS 2013-GCJ16, priced at 96 basis points and 108 basis points over swaps respectively.  

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