AOFMs RMBS auction

29 June 2015

 

The AOFM conducted its first auction (in this auction series) of RMBS that were acquired after the GFC. In all, bids were received for around $1.7bn but the AOFM only accepted $226m in original face value terms. This was deemed a “fizzer” by the Financial Review but others saw it as the AOFM being a disciplined seller. The second auction of three will take place on 14 July.

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