St.George to stay out of term market after A$1 billion RMBS
- Tuesday, 02 September 2008
St.George Bank (A+/Aa2/A+) (St.George) says it does not expect to return to the term funding markets in the near term after selling A$1 billion (US$849.7 million) of RMBS securities under its Crusade securitisation programme in a private placement on September 1.
