AOFM eyes complementary role for next A$8 billion of RMBS cash
- Thursday, 22 October 2009
The Australian Office of Financial Management (AOFM) hopes to use the second injection of up to A$8 billion (US$7.36 billion) of Commonwealth government money allocated to support the domestic residential mortgage-backed security (RMBS) market to complement the emerging recovery in third party demand for the asset class rather than being the sole bidder for securities.
