Liberty Aussie RMBS prices 'A1s' wide of last deal

By Graham Bippart
23 Apr 2015

Liberty Financial priced its A$500m ($386.25m) RMBS backed by non-conforming and prime Australian mortgages, with the ‘A1’ notes pricing 5bp wider than the issuer’s last foray into the market in November.

Liberty 2015-1 brought year to date Australian RMBS issuance to more than €6bn equivalent, based on data provided by JP Morgan.

Commonwealth Bank of Australia, Deutsche Bank and National Australia Bank were lead managers on the deal, which ...

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