23 May 2024

GCI Investment Update April 2024

Continued strong investor demand enabled seven new issues to be executed in April, including two primary RMBS transactions totalling A$2.0bn. We have previously commented on the growth of the ABS market in Australia, and this trend continued this month by the issuance of five ABS transactionstotalling A$2.6bn (circa 56% of the new issues in the month). Consistent with the supply / demand dynamics experienced in H1 2024, each of these transactions was met with strong investor demand, from both domestic and international investors, across the entire capital structure.

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