Sanwa finalises securitisation

PUBLISHED : Wednesday, 18 June, 1997, 12:00am
UPDATED : Wednesday, 18 June, 1997, 12:00am

Sanwa Bank has completed a deal to securitise about $1.1 billion in residential mortgages originated by its consumer finance arm Sanwa Finance.


The mortgage-backed floating rate notes, denominated in United States dollars, amounted to US$144 million.