Ninth RMBS Auction Notice
29 November 2017
This Operational Notice provides details of the next RMBS auction, to be held on Thursday 14 December 2017.
Details of the auction process were published in an Operational Notice on 10 June, 2015, here: http://aofm.gov.au/operational-notice/rmbs-divestment-process/ and a number of changes were published in an Operational Notice on 8 November, 2017, here: http://aofm.gov.au/operational-notice/rmbs-auction-update-3/
These are to be read in conjunction with this Operational Notice.
Bids close 11am AEDT, Thursday 14 December 2017;
Results announced 2pm AEDT, Thursday 14 December 2017;
Confirmations will be sent to successful bidders following publication of results.
Via Austraclear, on Monday, 18 December 2017.
The entirety of the AOFM’s holdings of the following securities, subject to reserve prices.
Securities to be auctioned:
Original FV Terms
Clean Price per $100
|APOLLO 2009-1 A3||AU3FN0008967||$319,200,000||100.28|
|APOLLO 2011-1 A2||AU3FN0014510||$250,000,000||100.82|
|REDS 2010-1 A||AU0000REKHA1||$250,000,000||100.50|
|REDS 2010-2 A2||AU0000RDAHB2||$497,600,000||100.05|
|FIRSTMAC 2-2011 A3 *||AU3FN0014783||$17,700,000||100.65|
* This note is callable at 20%
RMBS Divestment Panel
The current panel is:
Australia and New Zealand Banking Group Limited
Citigroup Pty Ltd
Commonwealth Bank of Australia
Deutsche Bank AG Sydney Branch
Macquarie Bank Limited
National Australia Bank Limited
Westpac Banking Corporation
Last updated: 29 November 2017