RMBS: outside investors nibble as AOFM bites

The first two transactions brought to market on the back of the Australian Office of Financial Management (AOFM)'s commitment to an A$8 billion (US$3.89 billion) injection into the Australian RMBS sector saw some interest from fund managers, with around A$200 million of the total A$1.2 billion priced being sold to non-AOFM investors.