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Lloyds (LYG) will make a handsome profit from a portfolio of U.S. mortgage bonds after agreeing...

Lloyds (LYG) will make a handsome profit from a portfolio of U.S. mortgage bonds after agreeing to sell the assets to different institutions for £3.3B. That's above the book value of £2.7B, allowing Lloyds to make a pretax gain of £540M. One of the buyers is Goldman Sachs (GS), which is paying £200M for MBSs with a book value of £170M. Lloyds' shares are +0.5% in London. (PR)
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