Two new securitisations were launched and priced last week. Macquarie Leasing was the first to the market, with its SMART ABS Series 2012-3EQ transaction. The EQ stands for equipment.
The transaction is a securitisation comprised of four tranches, solely of equipment lease receivables. The transaction was priced later in the week, but pricing was not disclosed.
AMP Bank launched and upsized its second RMBS issue for the year via the Progress 2012-2 Trust. The $500 million transaction was upsized to $800 million.
The Australian Office of Financial Management was to have...
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