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Home » Store » News » Market Expected to Easily Absorb Auction Of ING’s Vintage Non-Agency MBS

Market Expected to Easily Absorb Auction Of ING’s Vintage Non-Agency MBS

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The Dutch State Treasury Agency this week is auctioning $4.3 billion in non-agency MBS once held by ING, which will leave the government entity still holding about $2.2 billion of securities. The sale represents less than 1.0 percent of outstanding non-agency MBS, and it was expected to have little impact on pricing for these assets. Bids on the portfolio were...
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