Securitisation market showing no signs of stopping as two new deals launch
- Tuesday, 07 December 2010
The asset-backed market continues to see activity in the last weeks of 2010 with two new deals launching in recent days and at least one more possibly to come before year end. The most recent residential mortgage-backed securities (RMBS) launch, from Bendigo and Adelaide Bank (BEN) on December 7, features an innovative capital structure with more than 50 per cent of the trade made up of a series of bullet tranches.
