AMP Bank issues new A$940 million RMBS [UPDATED]

AMP Bank has completed a new A$940 million (US$996.8 million) residential mortgage-backed securities (RMBS) deal, which was upsized from a launch volume of A$500 million. The deal is the second RMBS of the month, following hot on the heels of a A$400 million issue from Resimac on May 13.