CUA reopens RMBS market with AOFM-driven trade
- Saturday, 28 February 2009
Credit Union Australia (CUA) is the latest mortgage lender to bring a residential mortgage backed security (RMBS) transaction in Australia on the back of a cornerstone investment from the Australian Office of Financial Management (AOFM), although investors say over 20 per cent of the total transaction may end up being bought by external accounts.
