AOFM adds detail to second A$8 billion RMBS programme
- Monday, 07 December 2009
Instead of the previous request for proposal (RFP) process, issuers will be invited to bring reverse inquiries to the Australian Office of Financial Management (AOFM) to secure part of the second injection of government money into the local residential mortgage-backed security (RMBS) market. In a December 7 notice, the AOFM also says it hopes to buy smaller proportions of selected RMBS than was the case with its first support package.
