What does AOFM stand for?

2 billion of auctions since July 1, the Australian Office of Financial Management said today on its Web site.

From 1 July 2009, the following agencies are now prescribed agencies under the FMA Regulations for the purposes of the FMA Act: Australian Transport Safety Bureau, which was established as a statutory authority by the Transport Safety Investigation Amendment Act 2009 (Cth) whose function is to improve safety and public confidence in aviation, marine and rail transport, Fair Work Australia, which will replace the Australian Industrial Relations Commission as the national workplace relations tribunal, Office of the Fair Work Ombudsman, and Australian Office of Financial Management, which is a specialised agency within the Treasury portfolio responsible for the management of Australian Government debt.

As the portfolio manager explained: "We've got the Australian Office of Financial Management (AOFM) going out there trying to sell RMBS and 70 per cent of the target market of buyers in RMBS have now been thwarted because they are suffering withdrawals from their own funds.

The Australian Office of Financial Management (AOFM) announced its intention to be a "cornerstone investor" in $500 million of residential mortgage-backed securities (RMBS) from each of the mortgage originators.

The Australian Office of Financial Management (AOFM) have been advised by ASIC that the prohibition of Covered Short Selling contained in CO 08/752 does not apply to the short selling of Commonwealth Government securities.

The Australian Office of Financial Management priced the 3.

The Australian Office of Financial Management (AOFM) will purchase triple A-rated Australian RMBS in two initial tranches of $2 billion each.

On competition in the banking sector, Tanner said the government currently has no plans to extend the A$8 billion mandate of the Australian Office of Financial Management to buy residential mortgage-backed securities.