AOFM to drip feed last RMBS injections after FirstMac deal
The Australian Office of Financial Management will make two further rounds of investments into residential mortgage-backed securities (RMBS) as it approaches the completion of its total A$8 billion (US$6.48 billion) allocation, having announced the penultimate pair of trades it will support as part of its current RFP on June 2.
Building bridges in the Aussie corporate bond market
On May 28 over 250 parties with an interest in the Australian corporate bond market met in Sydney in an event hosted by ANZ Banking Group (ANZ), Commonwealth Bank of Australia (CommBank), National Australia Bank (NAB) and Westpac Institutional Bank (Westpac), to discuss the means by which a revival in local corporate issuance can be stimulated.