Wide Bay Australia prices state-supported RMBS as government boosts industry fund
Wide Bay Australia, a non-bank lender, priced a A$250m ($248m) residential mortgage-backed securitisation on Wednesday. The government bought over 40% of the deal — highlighting how important its support of RMBS remains as the state pumps more money into the industry.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts