Sixth RMBS Auction Notice

15 September 2015

This Operational Notice provides details of the sixth RMBS auction, to be held on Monday 23 November 2015.

Details of the auction process were published in an Operational Notice on 10 June, here: http://aofm.gov.au/operational-notice/rmbs-divestment-process/ . These are to be read in conjunction with this Operational Notice.

Results of the fourth auction were announced earlier today, here: http://cdn.aofm.gov.au/uploads/sites/31/2015/06/151022_RMBS_Auction_Results.xlsx

Auction Date:

Bids close 11am AEDT, Monday 23 November 2015;

Results announced 2pm AEDT, Monday 23 November 2015;

Confirmations to be sent to successful bidders following publication of results.

Settlement:

Via Austraclear, on Thursday 26 November 2015.

Volume:

Up to the entirety of the AOFM’s holdings of the securities.

Securities to be auctioned:

Security ISIN

AOFM Holding

(Original FV Terms)

APOLLO 2010-1 A2 AU0000AOJHB6 $300,000,000
PROGRESS 2012-1 A AU3FN0015616 $128,750,000
REDS 2010-1 A AU0000REKHA1 $250,000,000
TORRENS 2009-1 A2 AU3FN0007811 $190,000,000

 

For the fifth RMBS auction, to be held on Thursday 22 October 2015, bids will also close at 11am AEDT as opposed to 11am AEST. The Fifth RMBS Auction Operational Notice has been amended to reflect this.

 

RMBS Divestment Panel

The RMBS Divestment Panel remains unchanged from the advice of 14th July.

Australia and New Zealand Banking Group Limited

Barclays Bank PLC

Citibank NA

Citigroup Pty Ltd

Commonwealth Bank of Australia

Deutsche Bank AG Sydney Branch

Macquarie Bank Limited

National Australia Bank Limited

Westpac Banking Corporation

Last updated: 22 October 2015