Aussie RMBS broadens US appeal

摘要

Mortgage specialist resimac is poised to lift US dollar RMBS issuance from Australia above 2017's full-year total, underlining the growth in US and Asian demand for the asset class in that currency. Resimac is preparing to target US investors as part of a dual-currency non-conforming RMBS issue under its Bastille programme. Citigroup, CBA and NAB are joint leads for the issue, which will comprise local Australian dollar and 144A US dollar notes.