NAB enters mortgage debt market

National Australia Bank has moved into the European mortgage-backed debt market for the first time after arranging a £200m (€294m) deal between its Clydesdale Bank subsidiary and Central Trust, the largest UK independent finance company.

National Australia Bank arranged the securitisation warehousing facility, which will hold mortgage assets originated by Central Trust.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire