Commonwealth Bank of Australia (CommBank) is seeking to demonstrate the viability of the Australian Overnight Index Average (AONIA) as an alternative reference rate (ARR) to the securitisation market through a first-ever residential mortgage-backed securities (RMBS) deal linked to the benchmark. The issuer says it is confident the market is ready for this type of issuance and expects all its future RMBS issuance to be AONIA-linked.
KANGANEWS SUSTAINABLE FINANCE H2 2021
KangaNews is proud to share cutting-edge information from the global and Australasian sustainable debt market.
nonbank Yearbook 2021
KangaNews's sixth annual guide to the business and funding trends in Australia's nonbank financial-institution sector.