Securitisation: ABS

• John Kavanagh

ASIC chief executive Warren Day is leaving the regulator to join the Commonwealth DPP. read more

• John Kavanagh

The pricing of non-bank issues of residential mortgage-backed securities has tightened since the start of the year, as strong demand for locally issued RMBS and ABS continues. read more

• Bernard Kellerman

Issuance of securitisation deals backed by car loans is set to evolve further, with investors likely to see more frequent – and larger – transactions on offer.  read more

• Bernard Kellerman

The message for attendees at the ASF Conference in Sydney is that despite the tightening of financial conditions, securitisation issuance remains resilient. read more

• John Kavanagh

The very strong growth in the issuance of asset-backed securities, and one of the questions up for discussion at yesterday’s Australian Securitisation Forum annual conference was whether ABS issuers c.. read more

• John Kavanagh

The Australian securitisation market is holding up well, with an increase in outstanding debt securities during the June quarter, but there has been a shift away from mortgage-backed issuance to other.. read more

• Bernard Kellerman

Avanti Finance's inaugural securitisation of AUD car loans was priced yesterday, with A$250 million in pass-through floating rate notes issued.  read more

• Banking Day staff

Tyro Payments has reached an in-principle settlement of a class action over terminal outages in January 2021. read more

• John Kavanagh

Consumer lender Plenti has decided to prioritise margin protection over loan growth, reporting that originations were down in the June quarter. read more

• Banking Day staff

The Australian Retail Credit Association has appointed Elsa Markula as its new chief executive, replacing the retiring Mike Laing. read more

• John Kavanagh

Investor appetite for asset-backed securities remains healthy, as the second issuer in a week completes a transaction. read more

• John Kavanagh

Consumer lender Plenti Group has completed an issue of asset-backed securities, raising A$437 million. read more

• John Kavanagh

The Australian Office of Financial Management has approved a A$65 million investment by the Australian Business Securitisation Fund in a Prospa warehouse. read more

• John Kavanagh

hummgroup completed its thirteenth securitisation of buy now pay later receivables last week, when it raised A$250 million. read more

Consumer lender Plenti Group has completed an issue of asset-backed securities, raising A$280 million of funds in a deal, Plenti PL-Green ABS 2022-1, that included $65 million of green notes. read more

Humm Group has launched the securitisation of a portfolio of its Australian unsecured buy now pay later receivables. read more

• Banking Day staff

Fund manager IFM Investors has entered into a A$200 million fixed-rate environmental ESG term deposit with Commonwealth Bank. read more

• Bernard Kellerman

The securitisation market has had an above-average year, with new asset classes emerging and diversity among both issuers and investors increasing – while seasoned players are raising billions in reco.. read more

• John Kavanagh

Over the past year, RMBS issuers have enjoyed the tightest spreads since the pre-financial crisis period but APRA’s directive to ADIs to run down their Committed Liquidity Facility accounts is expecte.. read more

• John Kavanagh

Personal lender Harmoney has completed its inaugural issue of asset-backed securities, while humm group priced its second flexicommercial ABS issue for the year. read more