AMP Bank Launches First Progress RMBS This Year

30 Aug 2013

AMP Bank has launched its first Australian residential mortgage-backed securities deal of the year, the AUD500 million ($446.47 million) Progress 2013-1 Trust.

AMP Bank has launched its first Australian residential mortgage-backed securities deal of the year, the AUD500 million ($446.47 million) Progress 2013-1 Trust. The deal is the fifth Australian RMBS to hit the market in the past month.

The deal, which is arranged by Deutsche Bank, will offer notes ...

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