NAB to become second green RMBS issuer

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NAB to become second green RMBS issuer

NAB 230x150
A National Australia Bank logo is displayed in bright sun while adjacent building sit in shade in Sydney, Australia, Thursday, May 10, 2012. National Australia Bank, one of the country's largest lenders, reported a 15.5 percent drop in first-half net profits on Thursday, hurt by the poor performance of its U.K. operations. (AP Photo/Rick Rycroft) | Rick Rycroft/AP/Press Association Images

National Australia Bank has mandated its own investment bank to lead a potential mortgage securitization that could include a green tranche, making it only the second issuer of green residential mortgage-backed securities.

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