Strong bank book demand for RMBS continues with new Westpac deal
- Tuesday, 01 October 2013
Ongoing attractive market conditions drew Westpac Banking Corporation (Westpac) back to the residential mortgage-backed securities (RMBS) market for the second time this year on September 27. The bank's A$2.25 billion (US$2.10 billion) deal continued a run of substantial deal prints and distribution weighting towards bank balance sheet participation.
