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Am I thinking right but say the coupon is 9,6. And now they are selling it at 10% loss. But they got this coupon for 2 years over say ~4 of more safe loans. The
by Ekaros 2y ago
Am I thinking right but say the coupon is 9,6. And now they are selling it at 10% loss. But they got this coupon for 2 years over say ~4 of more safe loans. They are not even now losing too much and certainly not at 5?
- kmac_ 2y agoMaybe they are just rebalancing not-too-well-rated or prospective assets for safety reasons.