Come on you REDS

Bank of Queensland prices first Aussie MBS deal of 2003.

After a quiet opening to the Australian securitization market in 2003, Bank of Queensland (BOQ) has issued the first mortgage-backed deal of the year with a A$400 million issue ($236.4 million). Macquarie Bank acted as lead manager on the deal - BOQ's tenth MBS issued out of the REDS programme - with ABN AMRO as co-lead.

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