Rentenbank's 2014 Kangaroo tap nets A$200 million [UPDATED]
Seven days before the September 15 maturity of a A$1.7 billion (US$1.45 billion) Kangaroo line, Rentenbank (AAA/Aaa/AAA) increased the 2014 bond it
inaugurated in July this year by A$200 million – the minimum target size for the transaction at launch a day earlier. The increase is the issuer's second Kangaroo transaction this year and brings the total outstanding in the line to A$650 million.
Register to read more ...
MEB prices first non-AOFM backed RMBS in 2009
On September 8, shortly after the Australian Office of Financial Management (AOFM) made its last allocation to a residential mortgage-backed security (RMBS) deal from a bank issuer under its current support programme, Members Equity Bank (MEB) (BBB/A2) priced the first Australian RMBS not to receive government investment since October last year.
Register to read more ...