RMBS demand swings back in favour of bank books
- Tuesday, 10 September 2013
Market recovery and strong investor demand for securitisation issuance saw two new deals, from AMP Bank and Macquarie Group, price in the first week of September. Joint lead managers agree the pipeline for further issuance is strong, but acknowledge a shift in residential mortgage-backed securities (RMBS) distribution weighting towards bank balance sheet participation.
