公司贷款组合风险转移交易(SRT)

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SRT市场如火如荼!传德银(DB.US)拟趁势推出30亿美元公司贷款组合风险转移交易
智通财经网· 2025-05-23 09:36
Group 1 - Deutsche Bank is planning a significant Synthetic Risk Transfer (SRT) transaction related to a $3 billion loan portfolio, which is expected to drive the SRT market to a new high this year [1] - The SRT transaction will account for approximately 8% of the loan portfolio, amounting to about $240 million, involving corporate loans in North America and Europe [1] - Through SRT transactions, banks can retain assets while releasing capital by purchasing debt insurance, typically selling notes to investment funds that can yield over 10% [1] Group 2 - Deutsche Bank's CEO Christian Sewing indicated that the bank has not observed a significant need for repricing due to economic uncertainty, with strong market demand for SRTs [2] - SRTs are part of Deutsche Bank's strategy to reduce risk-weighted assets by €25 billion to €30 billion ($34 billion) by the end of the year, with potential to exceed this target [2] - The global SRT issuance is expected to reach a historical high this year, with predictions of $35 billion, a significant increase from last year's estimated $29 billion, with Europe expected to hold the largest share [2]