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Suncorp places A$400 mln AAA rated RMBS notes

Tue Sep 9, 2008 9:16pm EDT

Stocks

   
 SYDNEY, Sept 10 (Reuters) - Suncorp-Metway Ltd (SUN.AX), an
Australian financial services group, privately placed A$400
million ($324.1 million) of triple A rated residential mortgage
backed securities at 130 basis points over BBSW, it said on
Wednesday.
 The offer also included A$44 million of unsold notes, rated
AA- by S&P.
  ($1=1.234 Australian Dollar)
  (Reporting by Cecile Lefort) 



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