Government investment boosts funds for CUA

The mutual yesterday priced a $482 million RMBS deal with the top tranche priced 100 basis points above the one-month bank bill swap rate, according to The Australian Financial Review.

CUA announced that it would withdraw from the broker channel in March last year, so while the funding is good news for the mortgage market it will have no impact on third-party distributers.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 10 March 2009