Post-deal insights: Westpac's largest-ever auto ABS challenges RMBS on size and price
- Wednesday, 20 April 2016
The latest asset-backed securities (ABS) transaction to price in Australia demonstrates the extent to which this asset class is competing favourably with recent residential mortgage-backed securities (RMBS) issuance in terms of size and price. Robust demand may also have been fuelled by scarcity value given a hiatus between transactions.
