The Australian Office of Financial Management Tuesday assigned its second round of mandates for residential mortgage-backed securities that it will invest in.

The AOFM, which manages the Australian government's bond issuance program, has mandated Westpac Banking Corp. (WBK) as arranger and lead manager for a Credit Union Australia issue.

Deutsche Bank and Westpac have been mandated as joint lead arrangers for an AMP Bank Ltd. issue.

Deutsche and nabCapital will act as arranger for a Bendigo and Adelaide Bank Ltd. (BEN.AU) issue.

The transactions are expected to price by mid-March.

-By Sam Holmes, Dow Jones Newswires;

61-2-8272-4686; samuel.holmes@dowjones.com
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