End of AOFM RMBS Investment Program
10 April 2013
The Treasurer has announced today that the AOFM will not make any new investments in residential mortgage-backed securities (RMBS). This is effective immediately.
The Treasurer further announced that the AOFM may continue to hold the remaining RMBS holdings until maturity.
The AOFM will not entertain sales that undermine the improvements seen in the market to date but may sell to assist the price discovery process or to adjust the portfolio in line with the Treasurer’s latest directions. These directions are published on the AOFM’s website.
The AOFM will continue to monitor primary and secondary market activity, manage the remaining book of RMBS, and report month-end holdings on the AOFM website.
Last updated: 21 March 2014