Australian securitisation strength continues as Westpac prepares new RMBS
- Monday, 23 September 2013
Provisional ratings have been assigned to a new residential mortgage-backed securities (RMBS) transaction from Westpac Banking Corporation (Westpac), on September 23. Westpac's Series 2013-2 WST Trust – a securitisation of prime residential mortgages – has a provisional volume of A$750 million (US$706.7 million) across three tranches.
