ME Bank's tighter RMBS pricing helped by deal structure
- Monday, 17 September 2012
Australia's most recent issue of residential mortgage-backed securities (RMBS) was completed with a headline margin 20 basis points tighter than other recent transactions. While the new deal's issuer and leads say improving breadth and depth of demand helped the tightening take place, they also point to a strong structure and pool of loans supporting the RMBS as assisting factors.
