Royal Bank of Scotland (RBS) and Wells Fargo priced their $1.3 billion CMBS this week. The transaction's triple-A, A4 tranche priced tighter than the first two deals that kick-started CMBS issuance.

Last week, Deutsche Bank and UBS priced their CMBS's largest tranche priced at 3.51% over swaps, according to a Wall Street Journal report. Morgan Stanley and Bank of America also priced their $597.15 million triple-A tranche at 115 basis points over swaps, yielding 3.65%.

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