Asian demand helps ME Bank to A$1bn RMBS

25 Sep 2010

Members Equity raised A$1bn ($959.3m) in the RMBS market late last week, getting demand from two Asian accounts and fuelling confidence that recent efforts to attract more investors from the region are paying off.

Australian issuers have recently been attempting to tempt more offshore investors into RMBS deals, and several issuers including Members Equity were in Hong Kong and Singapore earlier this month, pitching to Asian accounts as part of a Australian Securitisation Forum conference. Two of the 13 investors in Members ...

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