AMP Bank launches Progress 2017-2 RMBS

On December 4, AMP Bank launched a residential mortgage-backed securities (RMBS) transaction, Progress 2017-2. The forthcoming deal has indicative volume of A$750 million (US$569.9 million), with pricing expected on or before 7 December, according to arrangers MUFG Securities and Westpac Insitutional Bank, and additional lead managers Deutsche Bank, Macquarie Bank and National Australia Bank.