PSIS issued a NZ$100 million (US$74.7 million) residential mortgage-backed securities (RMBS) deal on December 13, in what is only the second New Zealand RMBS transaction since the financial crisis. According to the issuer it is also the first prime RMBS to be issued to third-party investors in New Zealand without lender's mortgage insurance.

Sign in to continue and access full content
We will email you a code for a password-free sign in.
Or you can sign in manually with password.
Can't sign in?
Become a registered user to receive these benefits:
  • One-stop information source on the Australasian debt markets
  • Keep up to date with the deals and trends making headlines
  • Keep up to date with league tables
  • Access to email updates on trending deals and news
Register
Global Reach. Local Expertise
KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
NEWS
START YOUR FREE TRIAL
© Copyright 2024 KangaNews Global Reach. Local Expertise About us Terms of Use Privacy Policy Contact