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RBA Glossary definition for RMBS

RMBS – Residential Mortgage-backed securities

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The Reserve Bank's Collateral Framework

7 Dec 2017 Bulletin – December 2017
Yasaman Naghiloo and David Olivan
The Reserve Bank, like other central banks, holds collateral to reduce the risk of financial loss in its domestic market operations. The Reserve Bank's collateral framework sets out how the diverse portfolio of collateral assets is managed and
https://www.rba.gov.au/publications/bulletin/2017/dec/2.html

Domestic Financial Conditions

6 May 2022 SMP – May 2022
Of the $10 billion residential mortgage backed securities (RMBS) issued in the quarter, non-banks issued $8 billion (Graph 3.14). ... Spreads on RMBS have risen for both banks and non-banks since the start of the year, likely reflecting increased
https://www.rba.gov.au/publications/smp/2022/may/domestic-financial-conditions.html

Domestic Financial Conditions

4 Nov 2022 SMP – November 2022
Graph 3.12. Issuance of residential mortgage backed securities (RMBS) have remained robust in recent months. ... Spreads on RMBS widened further. Market liaison with banks confirmed that wider spreads in RMBS markets made issuance less appealing for them
https://www.rba.gov.au/publications/smp/2022/nov/domestic-financial-conditions.html

List of tables

20 Oct 2015 FSR – October 2015
b) Average half-yearly change. Sources: APRA; RBA. Table 3.4: Characteristics of RMBS Issuance. ... 7. 3. 13. (a) For all marketed RMBS issuances with available data; weighted by loan values except per cent of sub-AAA tranches, which is based on tranche
https://www.rba.gov.au/publications/fsr/2015/oct/tables.html

Bonds and Benchmarks

19 Mar 2019 Speech
Christopher Kent
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), to the KangaNews DCM Summit, Sydney
https://www.rba.gov.au/speeches/2019/sp-ag-2019-03-19.html

December | 2018

13 Jul 2022 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2018/dec/

Risk Management

12 Apr 2020 RBA Annual Report – 2020
Footnotes. An internal RMBS is a bankruptcy-remote trust set up by an ADI which contains mortgages they have written. ... The Bank accepts the securities issued out of the RMBS (and secured by the mortgages) as collateral.
https://www.rba.gov.au/publications/annual-reports/rba/2020/risk-management.html

September | 2018

20 Sep 2018 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2018/sep/

Operations in Financial Markets

12 Apr 2020 RBA Annual Report – 2020
Self-securitised RMBS are not eligible as collateral for daily OMO repos.) Self-securitised RMBS do not have directly observable market prices. ... Asset-backed securities – particularly self-securitised RMBS – are also the major asset held as
https://www.rba.gov.au/publications/annual-reports/rba/2020/operations-in-financial-markets.html

Domestic Financial Conditions

4 Feb 2022 SMP – February 2022
Graph 3.14. Issuance of residential mortgage backed securities (RMBS) in 2021 was higher than in recent years, owing to the high level of issuance by non-banks (Graph 3.15). ... Pricing on RMBS throughout 2021 remained at the most attractive levels for
https://www.rba.gov.au/publications/smp/2022/feb/domestic-financial-conditions.html