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
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.
Via Austraclear, on Thursday 26 November 2015.
Up to the entirety of the AOFM’s holdings of the securities.
Securities to be auctioned:
(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
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