ING Sells AUD1 Bln Aussie RMBS

22 Mar 2013

Macquarie Bank has arranged an AUD1 billion ($1.04 billion) securitization of Australian residential mortgages, IDOL Trust Series 2013-1, for ING Bank which priced Thursday.

Macquarie Bank has arranged an AUD1 billion ($1.04 billion) securitization of Australian residential mortgages, IDOL Trust Series 2013-1, for ING Bank which priced Thursday.

The 3.2-year AUD930 million ($970.8 million) class A1 tranche priced at one-month BBSW plus 95 basis points. The 6.3-year AUD20 million ...

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