Eighth RMBS Auction Notice
8 November 2017
This Operational Notice provides details of the next RMBS auction, to be held on Thursday 23 November 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 today, 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 23 November 2017;
Results announced 2pm AEDT, Thursday 23 November 2017;
Confirmations will be sent to successful bidders following publication of results.
Via Austraclear, on Monday, 27 November 2017.
The entirety of the AOFM’s holdings, subject to reserve prices.
Securities to be auctioned:
Original FV Terms
Clean Price per $100
|FIRSTMAC 2-2011 A3 *||AU3FN0014783||$87,700,000||100.70|
|FIRSTMAC 1-2012 A2||AU3FN0016135||$129,100,000||101.80|
|PROGRESS 2012-1 A||AU3FN0015616||$128,750,000||100.92|
|PUMA P-17 A2||AU3FN0013025||$157,500,000||100.14|
|TORRENS 2011-1E A3||AU3FN0013561||$195,000,000||100.26|
|WIDE BAY 2009-1 A2||AU3FN0008744||$282,500,000||100.46|
|WIDE BAY 2010-1 A2||AU3FN0012365||$81,200,000||100.11|
* This note is callable at 20%
RMBS Divestment Panel
Barclays Bank PLC has withdrawn from the panel since the last auction. 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: 8 November 2017