Haha right, you better educate @Christos12 @Warnie @streetalk and I about note structures and securistisation waterfalls ... but I thought you said Z1p is like CBA and its portfolio of mortgage backed securities... Lol, despite that being an entirely different asset class, with entirely different risk weightings and credit enhancement requirements... notwithstanding one small point ... CBA is also a deposit taking institution ...
Ann: Quarterly Report and Appendix 4C, page-109
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