07:37 AM EDT, 05/23/2025 (MT Newswires) -- (Updates to add Deutsche Bank's ( DB ) statement in the fourth paragraph.)
Deutsche Bank ( DB ) is selling a significant risk transfer, or SRT, tied to $3 billion in corporate loans through transactions involving the sale of notes in exchange for yields that can frequently top 10%, Bloomberg News reported Friday, citing unnamed sources familiar with the matter.
The loans are in Europe and North America and the SRT is about 8% of the loans or around $240 million, according to the report.
Bloomberg said SRTs allow banks to buy insurance on debt and free up capital while keeping the assets on their books.
Deutsche Bank ( DB ) declined to comment when reached by MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)