FirstMac completes its second RMBS of 2011 with new prime deal [UPDATED]
- Friday, 16 December 2011
FirstMac completed a new residential mortgage-backed securities issue on December 20. The transaction achieved its launch volume of A$300 million (US$298.1 million) and is FirstMac's second RMBS of 2011. After a busy November – with four asset-backed deals pricing – the securitisation market has seen a slowdown in December, with just one other deal issued, on December 8 by Liberty Financial.
