BoQ to sell $750m RMBS

Making headlines today, Bank of Queensland has indicated plans to sell $750 million of residential mortgage-backed securities (RMBS).

According to Bloomberg, NAB is helping to manage the RMBS deal and has released an emailed statement about the terms of sale, which states that the BOQ will sell the main class of notes at 100 basis points higher than the bank bill swap rate - in line with pricing on Suncorp's $500 million RMBS deal completed at the end of May.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 16 August 2010