Australia

Triton Trust No.8 to price A$500 million with subordination and mortgage insurance

Triton Trust No.8 is issuing approximately A$500 million in pass-through securities backed by prime residential mortgages in Australia, with a substantial amount of loans that are made to investors, 40.4%, according to an S&P Global presale report.

By Donna Mitchell

Editor

Financial Planning

October 29

Residential properties stand along a street in Brisbane, Australia.

RMBS

Australian affordable-housing lender taps U.S. RMBS market

RESIMAC Bastille Trust RESIMAC Series 2019-1NC is an Australian-dollar (AUD) $1 billion transaction (approximately US$674.5 million) that will feature a US$250 million Class A-1 tranche of notes, according to Fitch.

By Glen Fest

October 15