AMP Bank prices its first RMBS of 2014 after upsize [UPDATED]

AMP Bank priced its first prime residential mortgage-backed securities (RMBS) issue of 2014, on March 4. Progress 2014-1 Trust RMBS (Progress 2014-1) has a four-tranche structure and was upsized from its indicative aggregate volume of A$500 million (US$446.5 million).