Aussie securitisation market running at fastest pace in years

Sydney

AUSTRALIA'S securitisation market is running at its fastest pace in years, as demand for higher-yielding assets drives investors into asset-backed securities.

Four companies priced securitisations last week, adding A$3.825 billion (S$4 billion) to this year's total. At over A$10.5 billion since the start of the calendar year, asset-backed issues are running at almost double last year's pace, putting the ma…