Confirmed full pricing details on market re-opening Torrens RMBS issue [UPDATED]

A new issue of residential mortgage-backed securities (RMBS) by Bendigo and Adelaide Bank (BEN), the first Australian dollar securitisation issue of 2013, priced on February 8. The deal, Torrens Series 2013-1 Trust, comprises four tranches with combined volume of A$850.4 million (US$875.3 million).