Lloyds (LYG) will sell residential mortgage-backed securities to investors this week, the first...

|About: Lloyds Banking Group plc (LYG)|By:, SA News Editor

Lloyds (LYG) will sell residential mortgage-backed securities to investors this week, the first such deal from a U.K. lender in 16 months. "The deal is the latest sign that the market for European asset- and mortgage-backed securities is starting to reopen."