Westpac lures retail investors with simple CMBS deal

06/15/2009 | International Financing Review Asia

Westpac Institutional Bank is focusing on the retail bid to revive the commercial mortgage-backed securities market in Australia. "The retail bid has immense potential ... because investors are trying to beat the rate on bank deposits which has more than halved over the past year," said Nicholas Chaplin, an executive at Westpac Institutional.

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International Financing Review Asia

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