Dutch Treasury Auctioning Off More U.S. RMBS Next Week

The Dutch State Treasury Agency is auctioning off a couple billion dollars more of the U.S. residential mortgage-backed securities it acquired when bailing out ING Groep.

BlackRock Solutions as an advisor to the DSTA is offering more than $2 billion in bonds from 234 nonagency RMBS.

The eight broker dealers invited to exclusively submit bids based on their reverse inquiries are Bank of America Merrill Lynch, Barclays, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, Nomura and Royal Bank of Scotland.

Bids are due Feb. 4 at 10 a.m. Eastern.