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Liberty, Interstar lead Aussie market

The Australian securitization market last week built on the momentum established by St. George Bank's A$3 billion ($2.2 billion) global RMBS (ASR, 2/27/06), with Liberty Financial and Interstar Wholesale Financing launching deals.

Liberty, one of Australia's largest nonconforming mortgage lenders, pulled off a A$1 billion ($742.3 million) transaction issued...

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