Australia's most active securitizer, Macquarie Securitisation, last week priced the 32nd deal from its PUMA RMBS program. With domestic and overseas investors continuing to show strong appetite for Aussie RMBS, the transaction was upsized from A$1 billion ($733.3 million) to A$1.4 billion.

The latest offering, jointly led by Macquarie Bank and Deutsche Bank, was backed by 3,726 prime mortgages with a weighted average LTV of 73.4%. The loans are 100% covered, with Genworth and PMI Mortgage Insurance providing the guarantees.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.