Westpac takes A$2.2 billion in second domestic RMBS of 2011 [UPDATED]
- Tuesday, 14 June 2011
On June 16, Westpac Banking Corporation issued a new A$2.2 billion (US$2.3 billion) residential mortgage-backed securities (RMBS) transaction. The deal, which was upsized from a launch volume of A$1 billion, is Westpac's second RMBS of the year after the bank reopened the asset-backed market for the big four Australian banks with a A$1 billion issue in February.
