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Adelaide Bank this week priced a $502.5 million prime RMBS.
The $450 million Class A notes were priced at 110 basis points over the one month BBSW and rated AAA by Standard & Poor’s.
Overall, the pool of loans has a weighted LVR of 63.6 per cent and consisted of 2,891 prime fully verified loans.
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The deal, entitled Torrens Series 2008-3, is the second publicly-rated Torrens transaction by Adelaide Bank this year.
Published: 01-08-08
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