USAA is seeking to increase the size of its latest Residential Re cat bond by a third to $400mn as spreads on the lower-risk layers of the deal fell below USAA's initial target, sources told Trading Risk.
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USAA is seeking to increase the size of its latest Residential Re cat bond by a third to $400mn as spreads on the lower-risk layers of the deal fell below USAA's initial target, sources told Trading Risk.
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