More details have surfaced on Russia's most recent RMBS, the second to be issued publicly. Originated by CityMortgage, a $64.3 million, 28-year legal final A-floater piece priced at 160 basis points over one month Libor, while a $6.4 million B tranche with the same final priced to yield 9.25%. Moody's Investors Service rated the A tranche Baa2' and the B piece B1'. The average lives were three- and 7.5 years, respectively. Closing was on August 10.

Joint leads Greenwich Financial Services and MNB Capital Markets also teamed up last year in an auto loan transaction for Bank Soyuz, a deal that established the structural model for the CityMortgage deal.

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