On the same day it unveiled another record half-year profit, CBA announced interest only home loan rates for investors would rise by 12 basis points and its Viridian Line of Credit products would increase by four basis points. Effective from 3 April, CBA's interest only standard variable rate for investors will be 5.68 per cent annually (compared to SVR for owner occupiers of 5.22 per cent); VLOC will move to 5.82 per cent. CBA said customers could switch to principal and interest repayments to avoid this increase "at no cost". Westpac is marketing its first asset backed notes for 2017. The issuance consists of floating-rate notes, backed by car leases and loan receivables originated by Westpac Banking Corporation The top-rated tranche, the A$607.50 million Class A1/A2 notes, are rated 'AAA(EXP)sf by Fitch Ratings.  According to a Fitch presale report, the collateral backing for the Crusade ABS 2017-1 transaction is of similar credit-quality to prior pools securitised under the Crusade ABS program. The total collateral pool consists of receivables backed by motor vehicles with a weighted-average seasoning of 10.1 months and average receivable size of $26,733 by the 30 November 2016 cut-off date. Swiss core banking vendor Temenos is to buy out its Australian partner Rubik for US$50 million. This is a 52 per cent premium to Rubik's closing price, reports Finextra. Founded in 2007, Rubik claims 930 clients for its banking, wealth management and mortgage broking software across Asia and the Middle East. The company, which employs 150 staff, generated revenue of A$43.3 million for the year ended June 2016, of which over 70 per cent is recurring revenues primarily from software-as-a-service.