Positive response to AOFM's RMBS bid but questions remain
- Wednesday, 01 October 2008
Securitisation market participants have come out broadly in favour of the September 26 announcement by the commonwealth treasury that Australian Office of Financial Management (AOFM) will buy A$4 billion (US$3.19 billion) of mortgage-backed assets, though doubts remain regarding how the plan will be put into action and its overall efficacy.