Favourable execution conditions attracted ME back to the domestic residential mortgage-backed securities (RMBS) market, the issuer says. ME printed a total of A$1.5 billion (US$1.2 billion) from a A$1.9 billion final book across six-tranches in its first RMBS transaction of the year, according to arranger data. The A$1.4 billion class A1 notes priced at 118 basis points over one-month bank bill swap rate (BBSW).

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