Westpac Banking Corporation’s return to residential mortgage-backed securities issuance, a A$1.2 billion (US$876 million) funding-only deal, matched the tightest pricing for the asset class in Australia since the financial crisis despite a recent flurry of issuance. The bank says it is returning to a wholesale funding profile similar to its pre-crisis norms, with a consequent expectation of using diverse issuance options.
KANGANEWS SUSTAINABLE FINANCE H2 2021
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