Firstmac Reopens RMBS Market With AOFM Support (Kanga News)
Firstmac Reopens RMBS Market With AOFM Support (Kanga News)
27 March 2020
On 27 March, Firstmac printed the Australian market’s first securitisation transaction to be supported by the Australian Office of Financial Management (AOFM)’s A$15 billion (US$9.2 billion) structured finance support fund (SFSF). The SFSF is being implemented to support nonbank financial institutions and smaller authorised deposit-taking institutions through any funding stress resulting from the COVID-19 crisis.