RBS (RBS) gets back to MBS, launching its first sale of mortgage-backed securities since the...

|By:, SA News Editor

RBS (RBS) gets back to MBS, launching its first sale of mortgage-backed securities since the financial crisis. The £4.7B ($7.2B) issue will help RBS rebalance its funding sources, and bodes well for the broader asset-backed market whose rebound plays a critical role in the general economic recovery.