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Government buys $3.4b RMBS
- January 29, 2010
- Posted by: admin
- Category: Finance News
No CommentsThe federal government announced yesterday that it would provide five home lenders with a pipeline of funding to support the issuance of securities until December 2010. According to a report in The Australian Financial Review, the government has directed the Australian Office of Financial Management (AOFM) to purchase $3.4 billion of mortgage-backed securities. Liberty Financial,