PTSB sells bonds on the back of mortgages & buy-to-lets

PTSB sells bonds on the back of mortgages & buy-to-lets

Bank creates two special entities which are each backed by assets of €1.4 billion. One in five loans in portfolio are currently in negative equity

Permanent TSB is selling bonds against a bundle of thousands of home loans and investment properties as the state-controlled lender continues to repair its balance sheet.

Please Subscribe or Log in to continue reading

Subscribe Login

Independent journalism every day

With digital access you can read The Business Post whenever, wherever, and however you want.

  • Unlimited access to all sections of The Business Post on desktop, tablet and mobile.
  • Breaking news, comment and analysis from the best Business Post writers seven days a week.
  • Live blogs of major news events
  • Videos and podcasts from some of the industry's most respected journalists such as Tom Lyons, Susan Mitchell and Ian Guider
  • Access to The Business Post's extensive archive​

Related Articles

More from The Business Post