The Spanish government has introduced a new mortgage securitization guarantees program. The aim is to inject liquidity into what has become a very stagnant sector.

According to Spain's Instituto de Credito Oficial, up to 3 billion ($4.7 billion) of guarantees are to be made available to banks, savings banks and credit cooperatives.

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.