The Australian primary markets continued to perform this week with Commonwealth Bank of Australia successfully executing a A$4.5 billion (US$3.2 billion) multitranche transaction. The University of Melbourne finished out the week, pricing its previously shelved A$200 million green bond on Friday afternoon.
La Trobe Financial says it found solid demand, especially from offshore, for its latest residential mortgage-backed securities (RMBS) deal, facilitating an upsize even in ongoing challenging conditions for securitisation issuance. The issuer says investor engagement and relative stability in the Australian economy paved the way for a successful transaction.