Trans-Tasman securitisation flurry with three deals coming

The Australasian securitisation market burst into life at the start of the month with three forthcoming transactions having preliminary ratings confirmed on the same day, November 4. Australian Central Credit Union (ACCU) is planning a residential mortgage-backed securities (RMBS) deal, while Macquarie Leasing and Motor Trade Finances are closing in asset-backed securities (ABS) transactions in Australia and New Zealand respectively.