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When is the initial subscription date for legacy CMBS?

April 26, 2017cmbs initial legacy subscription

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When is the initial subscription date for legacy CMBS?

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The initial legacy CMBS subscription date will be in late July. The specific date will be announced shortly. The subscription and settlement cycle for both legacy and new issue CMBS will occur in the latter part of each month, whereas the cycle for non-CMBS ABS TALF asset classes will remain in the first half of the month.