Resimac says asset managers were the main supporters of its latest nonconforming residential mortgage-backed securities offering, which priced on 13 April. The borrower says previously wary investors are showing more confidence to take part in primary market offerings as volatility continues to ease.
New Zealand Local Government Funding Agency built its Sustainable Financing Bond Framework on two asset types: use-of-proceeds and sustainability-linked loans to local councils. The issuer attracted a jumbo book to its debut transaction from the framework, even though the specifics of its programme mean its deals do not fully align with international principles and it is not using the green, social or sustainability bond labels.