Bond Precise Lending 2019-1B 0% ( XS1923737867 ) in GBP

Issuer	Precise Lending 2019-1B
Market price	100 % ▲
Country	United Kingdom
ISIN code	XS1923737867 ( in GBP )
Interest rate	0%
Maturity	12/12/2055
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Detailed description	Precise Mortgage Funding 2019-1B is a residential mortgage-backed security (RMBS) issued in 2019, comprised of a pool of primarily prime and near-prime residential mortgages originated in the United States. An article presenting market data details a bond, identified by ISIN XS1923737867, issued in the United Kingdom by Precise Mortgage Funding 2019-1B, a Special Purpose Vehicle (SPV) specifically established to facilitate the securitization of mortgage assets, thereby issuing notes collateralized by such pools; this GBP-denominated security, currently trading at par (100% of its face value), features a 0% interest rate, indicating no periodic coupon payments, with a maturity date of December 12, 2055, and a payment frequency of 1.