AMP Bank RMBS upsize points to broadening demand
- Tuesday, 28 August 2012
Broadening demand for residential mortgage-backed securities (RMBS) enabled the transaction priced by AMP Bank on August 24 to be upsized by A$300 million (US$312 million), the deal's arranger said. Participation by investors both domestically and offshore allowed the full capital structure to be placed and the Australian Office of Financial Management (AOFM) to be scaled out of the transaction entirely.
