Westpac completes third RMBS of 2011 with A$1.6 billion deal [UPDATED]
- Wednesday, 05 October 2011
Westpac Banking Corporation (Westpac) has priced its third residential mortgage-backed securities (RMBS) deal of the year, at a size of A$1.6 billion (US$1.5 billion). It is the sixth RMBS issued by an Australian major bank this year and the second within a month, following a recent A$1.5 billion equivalent issue from National Australia Bank.
