Aussies pick up European slack in RMBS supply surge

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Aussies pick up European slack in RMBS supply surge

australian flag 230x
The peloton passes an Australian flag Australia's during stage 2 of the Tour Down Under in Stirling, near Adelaide, Wednesday, Jan. 22, 2014. | Sirotti/Sirotti

European investors were given a way out of an RMBS supply shortage on their own continent this week as three Australian issuers sought to capitalise on an ever-growing bid for their paper from foreign investors.

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