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Issuer of the month

Byzantium Finance

The first mortgage-backed transaction to be structured under new Greek securitisation law took place in late November with Byzantium Finance special-purpose vehicle’s €252.5 million mortgage-backed floating-rate notes, lead-managed by ABN Amro and National Bank of Greece.

Aspis Bank originated the receivables, which comprised a portfolio of over 8,000 prime residential mortgage loans

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