AMP Bank prices RMBS at tightest margin seen in AOFM-backed deal
- Tuesday, 24 March 2009
AMP Bank (AMP) has priced A$535 million of residential mortgage-backed securities (RMBS) through the Progress 2009-1 Trust. The Australian Office of Financial Management (AOFM) was a cornerstone investor, buying all the A$425 million of longer-dated triple-A rated Class A2 notes.
