Australian Finance Group's (ASX:AFG) AFG Securities priced an AU$1.2 billion prime residential mortgage-backed securities (RMBS) transaction, drawing "strong" demand from domestic and international investors.
The transaction, expected to settle on Sept. 29, matches the company's record AU$1.2 billion prime RMBS issuance in February, bringing total issuance to AU$13.1 billion, according to an Australian bourse filing on Thursday after market hours.