Firstmac completes $1.3bn RMBS raising (Australian Broker)

Non-bank lender Firstmac Limited has announced its completion of a $1.3 billion RMBS raising, with over $2 billion in orders.

In a statement, Firstmac said that the issue was oversubscribed “from an early stage” and was supported by 31 institutions.

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29 Mar 2020

Aussie Government QE kicks off (LiveWire Markets)

The Australian government has initiated its part of a coordinated quantitative easing (QE) program that was announced by the Reserve Bank of Australia and the Treasurer, Josh Frydenberg, on 19 March. This is a big deal.

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