Bank of Queensland has upped the size of its residential mortgage-backed securities offer to A$1.6 billion ($1.45 billion) to make it the largest RMBS deal in Australia so far this year. Fourteen investors purchased the securities, including the Australian Office of Financial Management, which bought A$497.5 million ($448.9 million) of the offer known as Series 2010-2 REDS.
Aussie Lender Prices Year’s Biggest RMBS