NAB latest major domestic bank to access RMBS funding [UPDATED]
- Wednesday, 18 May 2011
On May 25 National Australia Bank (NAB) issued a new A$1 billion (US$1.1 billion) residential mortgage-backed securities (RMBS) deal, based on mortgages originated by the bank's Advantedge Financial Services (Advantedge) subsidiary. The deal was upsized from a launch volume of A$750 million.