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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 692 |
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subprime risk. Of this potential exposure, over 95% of RBC related holdings are rated A and above, and 47% of RBC related holdings were rated AAA, on a net basis as at July 31, 2008. Less than 6% of these RMBS were issued within the past two years. From the total holdings of RMBS, holdings with a fair value of $1,893 million, net of hedging, may be exposed to U...
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Less than 6% of these RMBS were issued within the past two years. From the total holdings of RMBS, holdings with a fair value of $1,893 million, net of hedging, may be exposed to U.S. Alt-A risk. Of this potential exposure, over 87% of the related holdings were rated AAA as at July 31, 2008. Less than 42% of these RMBS were issued within the past two years...
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