ABN Amro today launched Europe's largest securitisation. The €22bn ($25.8bn) deal, which is secured on a portfolio of Netherlands mortgages, is part of a raft of measures ABN Amro has implemented to strengthen its balance sheet.

The securitisation, called Shield 1, includes €4bn of bonds backed by mortgages originated by ABN Amro and €18bn of credit default swaps.

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ABN Amro unveils €22bn securitisation

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