Aussie Building Society Eyes RMBS

21 Aug 2009

The Greater Building Society is planning a sale of A$261.8 million ($218 million) in prime residential mortgage-backed securities.

The Greater Building Society is planning a sale of A$261.8 million ($218 million) in prime residential mortgage-backed securities. According to Standard & Poor’s, this is the first issue for GBS that involves the Australian government as primary investor. The issue, GBS Receivables Trust 4, has four tranches with ...

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