NAB adds US dollar tranche to second RMBS deal of 2011 [UPDATED]

On September 21 National Australia Bank (NAB) priced its second Australian residential mortgage-backed securities (RMBS) transaction this year at a size of A$1.5 billion (US$1.5 billion). National RMBS Trust Series 2011-2 is the fifth new RMBS to be issued by an Australian big four bank in 2011 and adds to the A$1 billion of RMBS NAB sold in May.