Mortgage-backed securities deal of the year : National Australia Bank's A$2.5 billion equivalent RMBS Trust 2004-1.(residential mortgage-backed securities)(Brief Article)

Australasian Business Intelligence, February, 2005

Feb 10, 2005 (Insto - ABIX via COMTEX)

A deal executed by National Australia Bank has secured the "Insto" award for "Mortgage-backed securities deal of the year" for 2004. The deal in question was the $A2.5 billion equivalent global SEC-registered registered residential mortgage-backed securities (RMBS) deal referred as the National RMBS Trust 2004-1. A total of 49 investors took part in the deal, described by one Australian fund manager as being the "Rolls-Royce of Aussie RMBS" and by Bob Sohota of PIMCO as being as close to bullet-proof as you can get with an RMBS deal.

Publication Date: January 2005

NATIONAL AUSTRALIA BANK LIMITED - 
      ASX NAB: 
PACIFIC INVESTMENT MANAGEMENT 
      COMPANY LLC: 
COMMONWEALTH BANK OF AUSTRALIA - ASX ...

            
        
    
    	    
                
                
	

		

					 
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