Rob Nicholl, chief executive officer of the
AOFM, said, 'A syndicated issue is an efficient means of placing bonds with end-investors and of establishing a benchmark line quickly, it also assists the price discovery process.'
'This is AMP's first transaction of the year and is the first transaction to benefit from an investment by the Australian Office of Financial Management (
AOFM) funding programme since the program's renewal last year,' commented Saadam Daman, analyst in Fitch's structured finance team.