The latest re-entrant to the Australian residential mortgage-backed securities (RMBS) market, Bank of Queensland (BOQ), says it is under no pressure to source additional government guaranteed funding before the withdrawal of federal support on March 31. With A$850 million (US$737.04 million) in hand from the February 9 RMBS and only one maturity in 2010, while BOQ says it is in a position to choose its funding options on their merits.
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