Australia mortgage defaults trigger repayment limits for Suncorp bond

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  • Australia mortgage defaults trigger repayment limits for Suncorp bond
    Australia mortgage defaults trigger repayment limits for Suncorp bond

    By Paulina Duran SYDNEY, March 5 (Reuters) – High defaults in residential mortgages backing securitised bonds sold by Australia’s Suncorp Group have triggered a clause that limits principal repayments for some investors, the manager of the bonds has told investors. The unusual trigger is the earliest signal of the […]

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