ME Bank readies first Aussie foreign currency RMBS since 2008
- Friday, 25 June 2010
ME Bank plans to include a US dollar tranche in a residential mortgage-backed securities (RMBS) transaction it expects to price next week. No Australian issuer has sold foreign currency-denominated securitisation product since the last euro tranches were included in a deal, in July 2008, while there has not been a US dollar offering since May 2007.
