The Australian Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016
- Published: October 2011
OVERVIEW National RMBS Trust 2011-2 is a securitization of prime residential mortgages originated by National Australia Bank Ltd. (NAB; AA/Stable/A-1+). We assigned our ratings to three classes of notes issued by Perpetual Trustee Company Ltd. as trustee for National RMBS Trust 2011-2. The ratings reflect our opinion of the transaction's credit support, collateral pool, servicer, and other features based on our current criteria and assumptions. MELBOURNE (Standard & Poor's) Sept. 28, 2011-- Standard & Poor's Ratings Services today assigned its ratings to three classes of prime residential mortgage-backed securities (RMBS) issued by Perpetual Trustee Company Ltd. as trustee for the National RMBS Trust 2011-2 (see list). This is the first Australian RMBS transaction this year in which a class of...
Companies mentioned in this report are: National RMBS Trust 2011-2
Action: New Rating
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Research type: News
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National RMBS Trust 2011-2
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