CommBank nets A$2 billion in Medallion Trust Series 2016-2 [UPDATED]
- Tuesday, 13 December 2016
On December 16, Commonwealth Bank of Australia printed A$2 billion (US$1.47 billion) in its second residential mortgage-backed securities (RMBS) transaction of the year. The transaction was upsized from a launch volume of A$750 million. The largest, A$1.84 million A1a tranche priced at 111 basis points over one-month bank bill swap rate - the tight end of 110-113 guidance.
