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Auburn Securities 6 plc

Data and documents available for this issue

Issue and Tranche data 
Prospectus in PDF format 
Prospectus in HTML format 
Market Commentary 

Market Commentary

20 November 2007


A rather bizarre deal to say the least. The transaction is "listed", and the offering circular states
that the Notes have been admitted to trading on the regulated market of the Irish Stock Exchange
and have been admitted to the Official List, but if one attempts to reference the ISIN numbers
through Euroclear, the following message appears "The security you are looking for has been
found in the securities database but is confidential. It is therefore not available for inquiry".

All of the 24,958 mortgage loans comprising the pool were originated by CHL or an affiliate of CHL,
with all of the loans being secured by first legal charges or mortgages over freehold or leasehold
properties located in England or Wales and relate to either investment properties or owner-occup-
ied properties. In this provisional pool, 88.55% by current balance are Buy-to-Let mortgages, and
32.74% of by current balance provide the borrower with the ability to request a redraw of a
portion of the principal loan. In addition, 99.25% of the loans are interest-only. The average balance
is Eur137,674 , with a weighted average LTV of 81.31%



Compare/contrast: previous Auburn transactions, Fastnet Securities 2 PLC,
Aire Valley Mortgages 2007-2 plc
Auburn Securities 4 plcFastnet Securities 2 PLCAire Valley Mortgages 2007-2 plc



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