ABS momentum persists with two new RMBS deals
- Wednesday, 17 November 2010
Police and Nurses Credit Society (PNCS) and Resimac have both announced forthcoming residential mortgage-backed securities (RMBS) deals, taking the total number of asset-backed securities (ABS) transactions emerging in the past week to five. PNCS's inaugural RMBS has an indicative volume of A$250 million (US$243.95 million), while Resimac's has an expected A$400 million size.
