Westpac re-opens RMBS market with first big four deal since 2009 [UPDATED]
- Tuesday, 15 February 2011
Westpac Banking Corporation (Westpac) issued a new A$1 billion (US$1.01 billion) residential mortgage-backed securities (RMBS) transaction on February 18 in what was the first Australian securitisation of the year and the first from a big four domestic bank since late 2009.