Door opens for Resimac to bring New Zealand's first RMBS deal in four years
- Friday, 26 September 2014
A shift in long-held domestic investor attitudes towards securitisation product, at least partly owing to the growth of KiwiSaver, paved the way for New Zealand's first residential mortgage-backed securities (RMBS) issue in four years, the deal's issuer and lead manager say. This sea change is also aiding participation further down the capital structure than ever before.
