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Westpac Brings New $899.9M Australian RMBS to Market

By DIANA GOLOBAY

Australia’s Westpac Banking Corp. this week issued A$1bn (US$899.9m) of prime residential mortgage-backed securities (RMBS). Moody’s Investors Service assigned a triple-A provisional rating to the A$920m of Class A notes. “This deal is one of a number launched in the Australian RMBS market in recent weeks and comes without the support from the Australian Office of Financial [...]

Full post as published by Housing Wire on December 16, 2009 (boomark / email).