On 7 February, Australian Office of Financial Management (AOFM) revealed the details of its 11th residential mortgage-backed securities (RMBS) auction, to be held on 22 February 2018. The auction includes five tranches of RMBS with original face value of A$1.2 billion (US$948.8 million), representing the entirety of the AOFM’s remaining RMBS portfolio.
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