The Australian securitisation market had a strong March quarter, with issuance close to A$20 billion, and plenty of activity already in the new quarter.
The Australian Business Securitisation Fund has made good on its commitment to underwrite securitisation transactions, providing an underwrite for Prospa Group’s latest issue of asset-backed securities.
The Australian Business Securitisation Fund has made its latest investment, committing A$225 million to a warehouse facility sponsored by SME lender Dynamoney.
The very strong growth in the issuance of asset-backed securities, and one of the questions up for discussion at yesterday’s Australian Securitisation Forum annual conference was whether ABS issuers can keep up the momentum.