RMBS Auction Update
5 November 2015
On 5 May the Treasurer directed the AOFM to divest its RMBS holdings. A copy of the Direction can be found here. Part 4 of the Direction provides for the AOFM to exercise discretion with regards to whether it proceeds with sales.
In accordance with Part 4 of the Direction the AOFM announces that the RMBS auctions scheduled for November and December 2015 will not proceed. No RMBS auction will be held in January 2016.
In the event that the AOFM decides to hold an auction in February, it undertakes to provide no less than two weeks’ notice prior to the auction.
Last updated: 5 November 2015