ME beats target with A$665m RMBS deal

Members Equity Bank returned to the residential mortgage-backed securitisation market this week, selling a A$665m ($673.9m) deal that beat its size target after drawing more than A$200m of demand from the Australian Office of Financial Management, the government debt agency.

  • 13 Oct 2011
The issuer sold A$621.75m of ‘Class A’ notes, which were priced to yield 125bp over the one month bank bill swap rate. That top level tranche was rated AAA by Standard & Poor’s and Fitch, and has a weighted average life of three years. The bank also sold ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%