AOFM looks forward to life after RMBS programme

The Australian Office of Financial Management is responsible for the management of Australian government debt. Its main job is managing the curve of Commonwealth government securities, but in 2008 it stepped in to save the mortgage-backed market during the financial crisis — a programme it concluded in April. Chief executive Rob Nicholl spoke to EuroWeek in Canberra about shutting down that RMBS programme, as well as the likely challenges the AOFM will face in the future.