ME becomes latest issuer to explore a return to RMBS market

ME, the new name for ME Bank, disclosed on June 5 that it will meet investors to update on the SMHL residential mortgage-backed securities (RMBS) programme – with a potential Australian dollar deal to follow. According to KangaNews data, ME has not issued RMBS for nearly a year, most recently pricing a A$1.45 billion (US$1.11 billion) SMHL transaction in July last year.