Mystate builds on return to RMBS funding

By Tom Porter
01 Dec 2014

Mystate Financial has hired banks for a new Australian residential mortgage-backed transaction, almost exactly a year since its last offering.

Tasmania-based Mystate has mandated Commonwealth Bank of Australia, Westpac and Macquarie Bank for ConQuest 2014-1, which could be priced this week depending on investor feedback.

The deal suggests the lender’s RMBS comeback in November last year with the A$322m ConQuest 2013-1 was no one-off. That deal was Mystate’s ...

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