RMBS demand claims supported by pricing of Australia's largest nonbank deal since 2007
- Monday, 18 May 2015
Firstmac priced Australia's largest residential mortgage-backed securities (RMBS) transaction from a nonbank lender since the global financial crisis on May 15. The deal lends support to recent market-participants claims to KangaNews, which suggest that RMBS demand is robust despite relatively limited recent supply and the looming prospect of substantial asset divestment by the Australian Office of Financial Management (AOFM).
