RMBS pricing best in a decade: Resimac : vimarsana.com

RMBS pricing best in a decade: Resimac


RMBS pricing best in a decade: Resimac
RMBS pricing best in a decade: Resimac
12 March 2021 6:21AM
Resimac CEO Scott McWilliam
Resimac group treasurer Andrew Marsden says “deal economics” in the residential mortgage-backed securities market have improved considerably since last year, with the lender paying a weighted average margin on its latest transaction that is 30 basis points lower than its previous deal in December.
Resimac has completed a A$1.5 billion issue of prime RMBS, Resimac Premier Series 2021-1, which has a weighted average margin of 102 bps.
The weighted average margin on the $1 billion December deal was 132 bps and back in July, when Resimac issued $500 million of RMBS, it paid an average margin of 157 bps.

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