No Indication Of More Aussie RMBS Investments Yet

03 Jun 2009

The Australian government has not yet indicated that it will expand its program to purchase of residential mortgage-backed securities, according to Nigel Ray, executive director of the Treasury’s fiscal group.

The Australian government has not yet indicated that it will expand its program to purchase of residential mortgage-backed securities, according to Nigel Ray, executive director of the Treasury’s fiscal group. The Australian Office of Financial Management has already used about 75% of the original A$8 billion ($6.53 billion) ...

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