ME Bank upsizes new RMBS to total A$1 billion [UPDATED]
- Thursday, 16 September 2010
ME Bank's third residential mortgage-backed securities (RMBS) transaction of the year priced on September 23, with the deal upsized to total volume of A$1 billion (US$955.3 million). The deal, SMHL Securitisation Fund 2010-3, had an initial volume of A$800 million at launch and is the first Australian RMBS transaction to price since FirstMac's A$416 million issue from September 6.
