Australian Suncorp-Metway doubles size of mortgage bond sale

Suncorp-Metway doubled to AUS$1bn ($850m) an issue of residential mortgage-backed bonds as growing demand from investors pushed down the cost to the seller to the least this year. The main class of notes totaled AUS$630m and was priced to yield 100 basis points more than the bank bill swap rate, according to a regulatory filing.

Most Popular Articles

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please