CCPS's debut in RMBS markets completes for A$300 million [UPDATED]

The debut residential mortgage-backed securities (RMBS) transaction from Community CPS Australia (CCPS), which priced on April 7, was also the first Australian RMBS from a non-frequent issuer this year. The transaction, Barton Series 2011-1 (Barton 2011-1), reached its indicative volume of A$300 million (US$313.7 million) at the tighter end of its launch margin range.