Liberty prints A$800 million in its first RMBS of 2017
- Friday, 17 March 2017
Liberty Financial (Liberty) priced an upsized residential mortgage-backed securities (RMBS) issue – Liberty Series 2017-1 Trust – on 17 March. The transaction had A$500 million (US$378.3 million) indicative volume and price guidance of 140 basis points over one-month bank bills on the A$250 million 2.5-year weighted-average life (WAL) class A1-b notes and 225 basis points over bills on the A$82.5 million 3.5-year WAL class A2 notes.
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