Australia sees rush for securitised home loans
Issues of residential mortgage-backed securities total A$67 billion, with A$12 billion sold so far this year
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Sydney
AUSTRALIA has become the world's most active market for securitised home loans, with sales at their highest in a decade as lenders seek to take advantage of surging demand from yield-starved Japanese investors.
Issues of residential mortgage-backed securities (RMBS) total A$67 billion (S$69.3 billion), with A$12 billion sold so far this year.
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