The Royal Bank of Scotland priced its £3.6 billion ($5.5 billion) U.K. RMBS transaction called Arran Residential Mortgages Funding 2011-2 plc, which issued tranches denominated in dollars, euro and British pounds.

The deal has been rated 'Aaa' by Moody's Investors Service and 'AAA' by Fitch Ratings. The deal is backed by prime U.K. RMBS originated by Natwest Home Loans and RBS.   

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.