Lloyds inaugurates new market with inclusion of Kangaroo RMBS tranche [UPDATED]
- Tuesday, 22 March 2011
Lloyds Banking Group (Lloyds) has included an Australian dollar tranche in its latest securitisation, in what is believed to be the first ever Kangaroo residential mortgage-backed securities (RMBS) deal. The transaction, Headingley RMBS 2011-1, is headlined by Australian dollar- and euro-denominated class A1 tranches with the balance made up of a further six sterling pieces.
