Australia's Firstmac raises A$1 billion in RMBS issue (Reuters)
Australia's Firstmac raises A$1 billion in RMBS issue (Reuters)
27 March 2020
Australia's Firstmac completed a A$1 billion ($610.8 million) residential mortgage-backed securities (RMBS) issue on Friday, becoming the country's first non-bank lender to tap investors since the coronavirus pandemic wreaked havoc in funding markets.