Tokyo, November 9, 2005

Deutsche Securities sells JPY34.5 billion Securitization


Deutsche Securities Limited, Tokyo Branch (DSL), today announced that it has successfully arranged and placed ¥34.5 billion of J-CORE 8 Trust Certificates. The Trust Certificates, which were priced on October 28, 2005, represent the securitization of a portfolio of real estate-backed specified bonds issued by Tokai Holding TMK.




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