New Zealand Exchange Limited (NZX) is pleased to welcome Rated Mortgage Bonds (RMTFA) to the NZDX Market today.
Rated Mortgage Bonds are a set of investment grade mortgage backed products covering both residential and commercial loan asset types. A first tranche of Rated Mortgage bonds (RMTFB) was quoted on the NZDX Market last Monday.
NZX Markets Development Manager, Geoff Brown said, “The NZDX continues to have a strong run, with an increased number of investment types available. The Rated Mortgage Bonds offer another option for investors, a blended product with the transparency of an investment grade rating.”
The bonds were quoted on the NZDX Market under the security code RMTFA from 10am today.
