Dutch Agency Puts $4B More ING U.S. RMBS Up for Bid
The Dutch State Treasury Agency put more than $4 billion in U.S. residential mortgage-backed securities from the ING Groep bailout up for auction.
BlackRock Solutions is offering the bonds from 360 nonagency RMBS deals.
The six broker-dealers are Bank of America Merrill Lynch, Barclays, Citigroup, Credit Suisse, Goldman Sachs and Morgan Stanley.
Bids are due Jan. 16 at 10 a.m. EST.
This is the DSTA’s second auction of ING Illiquid Assets Back-up Facility assets.