GMAC Prices Debut Australian Mortgage Bonds at Record (Update1) (Bloomberg.com)
Story date: 2008-05-19 07:24:58
Added on: 2008-05-19 23:59:36
May 20 (Bloomberg) -- GMAC LLC , the U.S. auto and home-loan lender, priced more than A$300 million ($286 million) of Australian mortgage-backed bonds at a record high yield margin for the local market, according to an e-mail sent to investors.
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