First non-bank RMBS of 2011 nets A$250 million for Liberty Financial [UPDATED]
- Monday, 04 April 2011
Liberty Financial priced its first residential mortgage-backed securities (RMBS) transaction of the year on April 8, with the Liberty Prime Series 2011-1 achieving total volume of A$250 million (US$262.1 million). The transaction, which is also the first non-bank RMBS transaction in Australia this year, contains six tranches with the A$50.75 million A2 notes sold to the Australian Office of Financial Management.
