RMBS divestment process

15 June 2015

 

The AOFM bought large chunks of RMBS after the GFC, in effect to support the banking system when banks needed capital and the market for RMBS was shaky. The market for RMBS has been stable for some time but the AOFM auction will test that support as it plans to auction each month a volume of between $300m and $500m of RMBS until it has sold its entire inventory. The...

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