Portfolio quality lets SMHL catch up with Crusade pricing

28 Sep 2006

Credit Suisse and Soci¨¦t¨¦ G¨¦n¨¦rale priced the latest securitisation of residential mortgages from Australian lender Members Equity last Friday (September 22).

The A$3bn ($2.25bn) deal, SMHL Global Fund No 9, matched the spreads St George Bank had achieved the week before with its deal of the same size, Crusade ...

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