Search: RMBS
RBA Glossary definition for RMBS
RMBS – Residential Mortgage-backed securities
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Box C: Trends in Intermediation
10 May 2008
SMP
– May 2008
The outstanding value of securitised housing loans – funded by both residential mortgage-backed securities (RMBS) and asset-backed commercial paper (ABCP) – has grown at an average annual rate of around ... Since July 2007, there has been virtually
https://www.rba.gov.au/publications/smp/2008/may/box-c.html
Domestic Financial Markets
10 Feb 2009
SMP
– February 2009
As with previous RMBS issues, investor demand was concentrated amongst the shorter-dated senior tranches. ... Investors in rated tranches of prime Australian RMBS have never borne a loss, with losses mostly covered by lenders' mortgage insurance.
https://www.rba.gov.au/publications/smp/2009/feb/dom-fin-mkts.html
Domestic Financial Markets
10 May 2015
SMP
– May 2015
Most of the RMBS issuance since the start of the year has been by banks, which have issued around $8 billion across five deals. ... insurance when rating RMBS, S&P has placed 120, predominately subordinated, tranches of Australian and New Zealand RMBS on
https://www.rba.gov.au/publications/smp/2015/may/dom-fin-mkts.html
Domestic Financial Markets and Conditions
10 May 2008
SMP
– May 2008
of Australian RMBS prior to the credit crisis) and, to a lesser extent, foreign banks. ... Most estimates suggest that spreads on AAA-rated prime RMBS are around 150–200 basis points.
https://www.rba.gov.au/publications/smp/2008/may/dom-fin-mkts.html
Domestic Financial Markets
7 May 2015
SMP
- May 2015
PDF
659KB
https://www.rba.gov.au/publications/smp/2015/may/pdf/dom-fin-mkts.pdf
Statement on Monetary Policy – November 2009
5 Nov 2009
SMP
PDF
1011KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2009/nov/pdf/1109.pdf
Domestic Financial Markets
10 Aug 2008
SMP
– August 2008
For most RMBS issued this year, the AAA-rated tranches have around 1 times the subordination required to be immune to LMI downgrades. ... Prime residential mortgages and RMBS continue to account for the bulk of underlying collateral.
https://www.rba.gov.au/publications/smp/2008/aug/dom-fin-mkts.html
Domestic Financial Markets
10 Feb 2013
SMP
– February 2013
Conditions in the Australian securitisation market have also continued to improve in recent months, with a number of residential mortgage-backed securities (RMBS) and asset-backed securities executed at spreads that ... In December, National Australia
https://www.rba.gov.au/publications/smp/2013/feb/dom-fin-mkts.html
Domestic Financial Markets
10 Nov 2012
SMP
– November 2012
Among other drivers, the continuing decline in covered bond spreads has helped entice investors back into the RMBS market. ... Moody's has revised the way in which it evaluates lender's mortgage insurance (LMI) in Australian RMBS.
https://www.rba.gov.au/publications/smp/2012/nov/dom-fin-mkts.html
List of graphs
10 May 2011
SMP
– May 2011
Graph 4.9: Australian RMBS Issuance. ... Graph 4.10: AAA-rated Prime RMBS Spreads.
https://www.rba.gov.au/publications/smp/2011/may/graphs.html