COVID-19: Payment Suspensions and Economic Impact on Italian RMBS, SMEs, and Salary Assignment Loan Securitisations
Italian government actions in order to support the country and its residents through a difficult health crisis as a result of the Coronavirus Disease (COVID-19) have an impact on securitisation transactions. The collateral within residential mortgage-backed securities (RMBS) and small and medium-size enterprise loan transactions (SME CLOs) face payment holidays to support borrowers.
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