FILE NO 333-64124-01
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON DC 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
Pursuant
to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of July 2007
National
Australia Bank Limited
ACN 004 044 937
(Registrant’s Name)
Level 34
500 Bourke Street
MELBOURNE VICTORIA 3000
AUSTRALIA
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82
“ This Report on Form 6-K shall be deemed to be incorporated by reference in the prospectus included in the Registration Statement on Form F-3 (No. 333-6632) of National Australia Bank Limited and to be part thereof from the date on which this Report, is filed, to the extent not superseded by documents or reports subsequently filed or furnished.”
National RMBS Trust 2006-1
Monthly Report as at 13 Jul 2007
This report is provided pursuant to the “Reports to Noteholders” section of the prospectus dated 23 May 2006.
A definition or description of certain terms used in this report together with a full description of the transaction may be found in the prospectus.
Further information is available to investors on Bloomberg (page reference [NRMBS]). Information in this report and on Bloomberg have been sourced from the same data. Differences in formatting, calculation and rounding methodology may cause discrepancies between the two sources.
Current Periods and Interest Rates
|
Determination Date |
|
13 Jul 2007 |
|
|
|
|
|
|
|
Payment Date |
|
20 Jul 2007 |
|
|
|
|
|
|
|
Interest Period |
|
|
|
|
From (and including) |
|
20 Jun 2007 |
|
|
To (but excluding) |
|
20 Jul 2007 |
|
|
Number of days |
|
30 |
|
|
|
|
|
|
|
Collection Period |
|
|
|
|
From start of month |
|
Jun 2007 |
|
|
To end of month |
|
Jun 2007 |
|
|
|
|
Class A Notes |
|
Class B Notes |
|
||||
|
BBSW |
|
6.3267 |
|
|
|
6.3267 |
|
% pa |
|
|
Margin |
|
0.1400 |
|
% pa |
|
0.1800 |
|
% pa |
|
|
Interest Rate |
|
6.4667 |
|
% pa |
|
6.5067 |
|
% pa |
|
Noteholder Distribution Summary
|
|
|
Class A Notes |
|
Class B Notes |
|
Subordination |
|
||||
|
|
|
Per Note |
|
Aggregate |
|
Per Note |
|
Aggregate |
|
% |
|
|
Original Face Amount |
|
100,000.0000 |
|
1,472,600,000.00 |
|
100,000.00 |
|
10,400,000.00 |
|
0.70 |
% |
|
Beginning Note Balance |
|
64,409.3075 |
|
945,647,960.81 |
|
100,000.00 |
|
10,400,000.00 |
|
1.09 |
% |
|
Interest Distribution |
|
347.0963 |
|
5,026,209.60 |
|
534.7973 |
|
55,618.92 |
|
|
|
|
Principal Distribution |
|
2,166.9571 |
|
31,910,610.73 |
|
0.0000 |
|
0.00 |
|
|
|
|
Ending Note Balance |
|
62,242.3504 |
|
913,737,350.08 |
|
100,000.0000 |
|
10,400,000.00 |
|
1.13 |
% |
|
Less Carryover Principal Chargeoffs |
|
0.0000 |
|
0.00 |
|
0.0000 |
|
0.00 |
|
|
|
|
Ending Stated Amount |
|
62,242.3504 |
|
913,737,350.08 |
|
100,000.0000 |
|
10,400,000.00 |
|
1.13 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Distribution |
|
2,514.0534 |
|
36,936,820.33 |
|
534.7973 |
|
55,618.92 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Note Factor |
|
0.62049256420 |
|
0.6204925642 |
|
1.000000 |
|
1.000000 |
|
|
|
Principal Distribution Statement
|
Principal Collections on Housing Loans |
|
34,481,631.22 |
|
|
Issue proceeds of any Redraw Notes to be issued on the Payment Date |
|
0.00 |
|
|
Other Amounts of principal received |
|
0.00 |
|
|
|
|
|
|
|
Total Principal Collections |
|
34,481,631.22 |
|
|
|
|
|
|
|
Reimbursement of Redraws |
|
2,571,020.49 |
|
|
Principal Draw |
|
0.00 |
|
|
Repay Redraw Note Principal |
|
0.00 |
|
|
Class A Principal |
|
31,910,610.73 |
|
|
Class B Principal |
|
0.00 |
|
|
|
|
|
|
|
Total Principal Distribution |
|
34,481,631.22 |
|
Interest Distribution Statement
|
Interest Collections |
|
5,737,086.85 |
|
|
Principal Drawing |
|
0.00 |
|
|
Liquidity Drawing |
|
0.00 |
|
|
|
|
|
|
|
Total Available Income |
|
5,737,086.85 |
|
|
|
|
|
|
|
Accrued Interest Adjustment |
|
0.00 |
|
|
Expenses |
|
249,913.81 |
|
|
(includes all fees, net interest rate swap payment and other expenses of the Trust) |
|
|
|
|
Reimbursement of previous Liquidity Drawings |
|
0.00 |
|
|
Class A Interest Amount |
|
5,026,209.60 |
|
|
Note Interest Amount for Redraw Notes |
|
0.00 |
|
|
Interest payable under the Liquidity Facility Agreement |
|
0.00 |
|
|
Note Interest Amount for Class B Notes |
|
55,618.92 |
|
|
|
|
|
|
|
Excess Available Income available for Distribution |
|
405,344.52 |
|
|
(includes reimbursement of Principal Charge-Offs, unreimbursed Principal Drawings and distribution to Residual Income Unit Holder) |
|
|
|
|
|
|
|
|
|
Excess Available Income applied to repay Principal Draw |
|
0.00 |
|
|
Remaining Balance of Principal Draw |
|
0.00 |
|
Support Facilities (AUD)
|
Liquidity Facility |
|
|
|
|
Liquidity Facility Limit |
|
11,122,500.00 |
|
|
Amount Drawn |
|
0.00 |
|
1
National RMBS Trust 2006-1
Historical CPR
|
|
May 2006 |
|
Jun 2006 |
|
Jul 2006 |
|
Aug 2006 |
|
Sep 2006 |
|
Oct 2006 |
|
Nov 2006 |
|
Dec 2006 |
|
Jan 2007 |
|
Feb 2007 |
|
Mar 2007 |
|
Apr 2007 |
|
May 2007 |
|
|
|
2006 |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
|
Monthly CPR |
|
29 |
|
37 |
|
32 |
|
33 |
|
33 |
|
30 |
|
40 |
|
36 |
|
31 |
|
28 |
|
31 |
|
33 |
|
36 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jun 2007 |
|
Jul 2007 |
|
Aug 2007 |
|
Sep 2007 |
|
Oct 2007 |
|
Nov 2007 |
|
Dec 2007 |
|
Jan 2008 |
|
Feb 2008 |
|
Mar 2008 |
|
Apr 2008 |
|
May 2008 |
|
Jun 2008 |
|
|
2007 |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
|
Monthly CPR |
|
32 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Delinquency Information as at Month Ending 30 Jun 2007
|
|
|
31-60 Days |
|
61-90 Days |
|
91-120 Days |
|
> 120 days |
|
Foreclosure/ |
|
|
|
|
|
|
Past Due |
|
Past Due |
|
Past Due |
|
Past Due |
|
REO |
|
Total |
|
|
No. of loans |
|
19 |
|
11 |
|
2 |
|
4 |
|
10 |
|
46 |
|
|
No. of loans (%) |
|
0.34 |
% |
0.20 |
% |
0.04 |
% |
0.07 |
% |
0.18 |
% |
0.83 |
% |
|
Balance outstanding ($) |
|
3,981,299.22 |
|
1,948,248.29 |
|
633,230.80 |
|
1,093,323.12 |
|
1,978,817.97 |
|
9,634,919.40 |
|
|
Balance outstanding (%) |
|
0.43 |
% |
0.21 |
% |
0.07 |
% |
0.12 |
% |
0.21 |
% |
1.04 |
% |
|
Instalment Amount ($) |
|
39,229.29 |
|
36,046.23 |
|
16,642.06 |
|
41,461.40 |
|
78,646.82 |
|
212,025.80 |
|
Historical Delinquencies as a Percentage of Balance Outstanding
|
|
|
May 2006 |
|
Jun 2006 |
|
Jul 2006 |
|
Aug 2006 |
|
Sep 2006 |
|
Oct 2006 |
|
Nov 2006 |
|
Dec 2006 |
|
Jan 2007 |
|
Feb 2007 |
|
Mar 2007 |
|
Apr 2007 |
|
May 2007 |
|
|
|
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
|
31-60 Days Past Due |
|
0.24 |
|
0.36 |
|
0.43 |
|
0.28 |
|
0.26 |
|
0.33 |
|
0.34 |
|
0.40 |
|
0.52 |
|
0.34 |
|
0.54 |
|
0.51 |
|
0.32 |
|
|
61-90 Days Past Due |
|
0.00 |
|
0.03 |
|
0.09 |
|
0.13 |
|
0.08 |
|
0.09 |
|
0.09 |
|
0.07 |
|
0.10 |
|
0.21 |
|
0.14 |
|
0.16 |
|
0.18 |
|
|
91-120 Days Past Due |
|
0.01 |
|
0.01 |
|
0.01 |
|
0.05 |
|
0.02 |
|
0.05 |
|
0.07 |
|
0.14 |
|
0.01 |
|
0.06 |
|
0.07 |
|
0.04 |
|
0.07 |
|
|
> 120 Days Past Due |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.01 |
|
0.06 |
|
0.07 |
|
0.06 |
|
0.06 |
|
0.09 |
|
0.02 |
|
0.04 |
|
0.08 |
|
0.09 |
|
|
Foreclosure/REO |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.02 |
|
0.03 |
|
0.11 |
|
0.11 |
|
0.18 |
|
0.20 |
|
0.19 |
|
|
Total |
|
0.25 |
|
0.40 |
|
0.53 |
|
0.47 |
|
0.42 |
|
0.54 |
|
0.58 |
|
0.70 |
|
0.83 |
|
0.74 |
|
0.97 |
|
0.99 |
|
0.85 |
|
|
|
|
Jun 2007 |
|
Jul 2007 |
|
Aug 2007 |
|
Sep 2007 |
|
Oct 2007 |
|
Nov 2007 |
|
Dec 2007 |
|
Jan 2008 |
|
Feb 2008 |
|
Mar 2008 |
|
Apr 2008 |
|
May 2008 |
|
Jun 2008 |
|
|
|
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
|
31-60 Days Past Due |
|
0.43 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
61-90 Days Past Due |
|
0.21 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
91-120 Days Past Due |
|
0.07 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
> 120 Days Past Due |
|
0.12 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreclosure/REO |
|
0.21 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
1.04 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2
National RMBS Trust 2006-1
Loss Data
|
|
|
Jun 2007 |
|
||
|
Month Ended |
|
(AUD) |
|
(No Loans) |
|
|
Losses on Sale of Property |
|
0.00 |
|
0 |
|
|
Losses after Mortgage Insurance |
|
0.00 |
|
0 |
|
|
Cumulative Losses after Mortgage Insurance |
|
0.00 |
|
0 |
|
|
Cumulative Losses After Mortgage Insurance (%) |
|
0.00 |
% |
0.00 |
% |
|
Summary and Weighted Average Calculations |
|
At Issue |
|
Jan 2007 |
|
Feb 2007 |
|
Mar 2007 |
|
Apr 2007 |
|
May 2007 |
|
Jun 2007 |
|
|
Total Collateral Balance (AUD) |
|
1,482,533,900.05 |
|
1,092,878,367.56 |
|
1,061,905,933.37 |
|
1,028,954,300.11 |
|
994,558,710.93 |
|
957,177,023.98 |
|
925,292,667 |
|
|
Total Number of Loans |
|
8,475 |
|
6,480 |
|
6,320 |
|
6,137 |
|
5,965 |
|
5,767 |
|
5, |
|
|
Current Average Loan Balance (AUD) |
|
174,930.25 |
|
168,654.07 |
|
168,023.09 |
|
167,664.05 |
|
166,732.39 |
|
165,974.86 |
|
165,348 |
|
|
Maximum Loan Balance (AUD) |
|
573,375.42 |
|
571,694.84 |
|
571,485.70 |
|
571,512.03 |
|
571,655.23 |
|
571,763.89 |
|
570,626 |
|
|
Current Weighted Average LVR |
|
52.20 |
% |
50.17 |
% |
49.84 |
% |
49.54 |
% |
49.30 |
% |
49.10 |
% |
48.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Loan Rate |
|
6.81 |
% |
7.41 |
% |
7.41 |
% |
7.41 |
% |
7.41 |
% |
7.41 |
% |
7.4 |
|
|
Weighted Average Term to Maturity (WAM) (months) |
|
321 |
|
312 |
|
311 |
|
310 |
|
309 |
|
308 |
|
3 |
|
|
Weighted Average Seasoning (WAS) (months) |
|
23 |
|
32 |
|
32 |
|
34 |
|
34 |
|
36 |
|
|
|
Loan Size Distribution as at Month Ending 30 Jun 2007
|
|
|
Number of |
|
Balance of |
|
Number of |
|
Balance of |
|
|
Loan Size Distribution |
|
Loans |
|
Loans (AUD) |
|
Loans (%) |
|
Loans (%) |
|
|
Loan Size < $50,000 |
|
190 |
|
5,827,346.63 |
|
3.40 |
% |
0.63 |
% |
|
$50,000 <Loan Size < $100,000 |
|
779 |
|
62,079,165.63 |
|
13.92 |
% |
6.71 |
% |
|
$100,000 <Loan Size < $150,000 |
|
1,860 |
|
232,732,608.07 |
|
33.24 |
% |
25.15 |
% |
|
$150,000 <Loan Size < $200,000 |
|
1,302 |
|
226,093,657.64 |
|
23.27 |
% |
24.43 |
% |
|
$200,000 <Loan Size < $250,000 |
|
718 |
|
160,125,449.79 |
|
12.83 |
% |
17.31 |
% |
|
$250,000 <Loan Size < $300,000 |
|
379 |
|
103,654,589.22 |
|
6.77 |
% |
11.20 |
% |
|
$300,000 <Loan Size < $350,000 |
|
169 |
|
54,194,539.00 |
|
3.02 |
% |
5.86 |
% |
|
$350,000 <Loan Size < $400,000 |
|
107 |
|
40,130,410.20 |
|
1.91 |
% |
4.34 |
% |
|
$400,000 <Loan Size < $450,000 |
|
62 |
|
26,292,886.87 |
|
1.11 |
% |
2.84 |
% |
|
$450,000 <Loan Size < $500,000 |
|
28 |
|
13,072,718.99 |
|
0.50 |
% |
1.41 |
% |
|
$500,000 <Loan Size < $750,000 |
|
2 |
|
1,089,295.54 |
|
0.04 |
% |
0.12 |
% |
|
$750,000 <Loan Size < $1,000,000 |
|
— |
|
— |
|
0.00 |
% |
0.00 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
5,596 |
|
925,292,667.58 |
|
100.00 |
% |
100.00 |
% |
LVR Distribution as at Month Ending 30 Jun 2007
|
|
|
Number of |
|
Balance of |
|
Number of |
|
Balance of |
|
|
LVR Distribution |
|
Loans |
|
Loans (AUD) |
|
Loans (%) |
|
Loans (%) |
|
|
LVR < 50% |
|
3,340 |
|
480,590,867.76 |
|
59.69 |
% |
51.94 |
% |
|
50% < LVR < 55% |
|
420 |
|
76,829,193.57 |
|
7.51 |
% |
8.30 |
% |
|
55% < LVR < 60% |
|
388 |
|
73,784,818.41 |
|
6.93 |
% |
7.97 |
% |
|
60% < LVR < 65% |
|
377 |
|
72,521,212.71 |
|
6.74 |
% |
7.84 |
% |
|
65% < LVR < 70% |
|
403 |
|
79,202,307.88 |
|
7.20 |
% |
8.56 |
% |
|
70% < LVR < 75% |
|
334 |
|
66,480,588.22 |
|
5.97 |
% |
7.18 |
% |
|
75% < LVR < 80% |
|
257 |
|
57,942,491.87 |
|
4.59 |
% |
6.26 |
% |
|
80% < LVR < 85% |
|
27 |
|
6,541,974.63 |
|
0.48 |
% |
0.71 |
% |
|
85% < LVR < 90% |
|
39 |
|
9,098,007.80 |
|
0.70 |
% |
0.98 |
% |
|
90% < LVR < 95% |
|
8 |
|
1,743,382.50 |
|
0.14 |
% |
0.19 |
% |
|
95% < LVR < 100% |
|
1 |
|
164,615.17 |
|
0.02 |
% |
0.02 |
% |
|
LVR > 100% |
|
2 |
|
393,207.06 |
|
0.04 |
% |
0.04 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
5,596 |
|
925,292,667.58 |
|
100.00 |
% |
100.00 |
% |
Mortgage Insurance as at Month Ending 30 Jun 2007
|
|
|
Number of |
|
Balance of |
|
Number of |
|
Balance of |
|
|
Mortgage Insurer |
|
Loans |
|
Loans (AUD) |
|
Loans (%) |
|
Loans (%) |
|
|
Genworth Financial |
|
173 |
|
32,020,032.92 |
|
3.09 |
% |
3.46 |
% |
|
Royal & Sun Alliance |
|
— |
|
— |
|
0.00 |
% |
0.00 |
% |
|
CGU Lenders Mortgage Insurance |
|
— |
|
— |
|
0.00 |
% |
0.00 |
% |
|
PMI |
|
— |
|
— |
|
0.00 |
% |
0.00 |
% |
|
Pool Insurance |
|
5,423 |
|
893,272,634.66 |
|
96.91 |
% |
96.54 |
% |
|
Other |
|
|
|
|
|
0.00 |
% |
0.00 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
5,596 |
|
925,292,667.58 |
|
100.00 |
% |
100.00 |
% |
3
National RMBS Trust 2006-1
Geographic Distribution as at Month Ending 30 Jun 2007
|
|
|
Number of |
|
Balance of |
|
Number of |
|
Balance of |
|
|
Geographic Distribution |
|
Loans |
|
Loans (AUD) |
|
Loans (%) |
|
Loans (%) |
|
|
ACT Inner City |
|
90 |
|
15,105,783.71 |
|
1.61 |
% |
1.63 |
% |
|
ACT Metro |
|
43 |
|
7,006,037.71 |
|
0.77 |
% |
0.76 |
% |
|
ACT Non Metro |
|
1 |
|
144,110.89 |
|
0.02 |
% |
0.02 |
% |
|
NSW Sydney Inner City |
|
6 |
|
1,179,949.69 |
|
0.11 |
% |
0.13 |
% |
|
NSW Sydney Metro |
|
764 |
|
158,759,313.74 |
|
13.65 |
% |
17.16 |
% |
|
NSW Non-Metro |
|
634 |
|
103,249,942.98 |
|
11.33 |
% |
11.16 |
% |
|
QLD Brisbane Inner City |
|
10 |
|
1,590,297.05 |
|
0.18 |
% |
0.17 |
% |
|
QLD Brisbane Metro |
|
532 |
|
95,866,087.67 |
|
9.51 |
% |
10.36 |
% |
|
QLD Non-Metro |
|
521 |
|
86,693,028.68 |
|
9.31 |
% |
9.37 |
% |
|
VIC Melbourne Inner City |
|
32 |
|
6,365,392.44 |
|
0.57 |
% |
0.69 |
% |
|
VIC Melbourne Metro |
|
1,607 |
|
251,588,983.26 |
|
28.72 |
% |
27.19 |
% |
|
VIC Non-Metro |
|
515 |
|
67,790,690.65 |
|
9.20 |
% |
7.33 |
% |
|
WA Perth Inner City |
|
17 |
|
2,518,812.62 |
|
0.30 |
% |
0.27 |
% |
|
WA Perth Metro |
|
291 |
|
50,273,684.99 |
|
5.20 |
% |
5.43 |
% |
|
WA Non-Metro |
|
50 |
|
8,587,244.29 |
|
0.89 |
% |
0.93 |
% |
|
SA Adelaide Inner City |
|
5 |
|
703,312.34 |
|
0.09 |
% |
0.08 |
% |
|
SA Adelaide Metro |
|
270 |
|
40,215,634.26 |
|
4.82 |
% |
4.35 |
% |
|
SA Non-Metro |
|
66 |
|
8,338,523.33 |
|
1.18 |
% |
0.90 |
% |
|
NT Darwin Inner City |
|
30 |
|
4,337,110.38 |
|
0.54 |
% |
0.47 |
% |
|
NT Darwin Metro |
|
— |
|
— |
|
0.00 |
% |
0.00 |
% |
|
NT Non-Metro |
|
7 |
|
885,386.45 |
|
0.13 |
% |
0.10 |
% |
|
TAS Hobart Inner City |
|
3 |
|
283,223.82 |
|
0.05 |
% |
0.03 |
% |
|
TAS Hobart Metro |
|
54 |
|
7,808,778.91 |
|
0.96 |
% |
0.84 |
% |
|
TAS Non-Metro |
|
48 |
|
6,001,337.72 |
|
0.86 |
% |
0.65 |
% |
|
Undefined Post Code |
|
— |
|
— |
|
0.00 |
% |
0.00 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
5,596 |
|
925,292,667.58 |
|
100.00 |
% |
100.00 |
% |
Seasoning Analysis — Total Portfolio as at Month Ending 30 Jun 2007
|
|
|
Number of |
|
Balance of |
|
Number of |
|
Balance of |
|
|
Seasoning Analysis |
|
Loans |
|
Loans (AUD) |
|
Loans (%) |
|
Loans (%) |
|
|
Seasoning < 3 months |
|
— |
|
— |
|
0.00 |
% |
0.00 |
% |
|
3 months < Seasoning < 6 months |
|
— |
|
— |
|
0.00 |
% |
0.00 |
% |
|
6 months < Seasoning < 12 months |
|
— |
|
— |
|
0.00 |
% |
0.00 |
% |
|
12 months < Seasoning < 18 months |
|
— |
|
— |
|
0.00 |
% |
0.00 |
% |
|
18 months < Seasoning < 24 months |
|
724 |
|
113,537,670.91 |
|
12.94 |
% |
12.27 |
% |
|
24 months < Seasoning < 36 months |
|
2,076 |
|
378,235,781.11 |
|
37.10 |
% |
40.88 |
% |
|
36 months < Seasoning < 48 months |
|
1,945 |
|
306,412,165.61 |
|
34.76 |
% |
33.12 |
% |
|
48 months < Seasoning < 60 months |
|
572 |
|
89,084,425.19 |
|
10.22 |
% |
9.63 |
% |
|
Seasoning > 60 months |
|
279 |
|
38,022,624.76 |
|
4.99 |
% |
4.11 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
5,596 |
|
925,292,667.58 |
|
100.00 |
% |
100.00 |
% |
Remaining Loan Term as at Month Ending 30 Jun 2007
|
|
|
Number of |
|
Balance of |
|
Number of |
|
Balance of |
|
|
Remaining Loan Term |
|
Loans |
|
Loans (AUD) |
|
Loans (%) |
|
Loans (%) |
|
|
Term < 5 years |
|
7 |
|
444,740.42 |
|
0.13 |
% |
0.05 |
% |
|
5 years < Term < 10 years |
|
50 |
|
3,957,373.54 |
|
0.89 |
% |
0.43 |
% |
|
10 years < Term < 15 years |
|
118 |
|
12,741,405.57 |
|
2.11 |
% |
1.38 |
% |
|
15 years < Term < 20 years |
|
510 |
|
67,583,008.67 |
|
9.11 |
% |
7.30 |
% |
|
20 years < Term < 25 years |
|
685 |
|
103,591,138.29 |
|
12.24 |
% |
11.20 |
% |
|
25 years < Term < 30 years |
|
4,226 |
|
736,975,001.09 |
|
75.52 |
% |
79.65 |
% |
|
30 years < Term < 35 years |
|
— |
|
— |
|
0.00 |
% |
0.00 |
% |
|
Term > 35 years |
|
— |
|
— |
|
0.00 |
% |
0.00 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
5,596 |
|
925,292,667.58 |
|
100.00 |
% |
100.00 |
% |
Loan Purpose as at Month Ending 30 Jun 2007
|
|
|
Number of |
|
Balance of |
|
Number of |
|
Balance of |
|
|
Loan Purpose |
|
Loans |
|
Loans (AUD) |
|
Loans (%) |
|
Loans (%) |
|
|
Purchase |
|
844 |
|
146,581,561.98 |
|
15.08 |
% |
15.84 |
% |
|
Refinance |
|
3,215 |
|
522,349,352.74 |
|
57.45 |
% |
56.45 |
% |
|
Home Improvement |
|
681 |
|
107,333,401.44 |
|
12.17 |
% |
11.60 |
% |
|
Investor |
|
735 |
|
129,390,080.03 |
|
13.13 |
% |
13.98 |
% |
|
Other |
|
121 |
|
19,638,271.39 |
|
2.16 |
% |
2.12 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
5,596 |
|
925,292,667.58 |
|
100.00 |
% |
100.00 |
% |
4
National RMBS Trust 2006-1
Loan Type by Interest Rate as at Month Ending 30 Jun 2007
|
|
|
Number of |
|
Balance of |
|
Number of |
|
Balance of |
|
|
Loan Type |
|
Loans |
|
Loans (AUD) |
|
Loans (%) |
|
Loans (%) |
|
|
Variable Rate |
|
4,379 |
|
710,711,425.47 |
|
78.25 |
% |
76.81 |
% |
|
Fixed Rate |
|
1,217 |
|
214,581,242.11 |
|
21.75 |
% |
23.19 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
5,596 |
|
925,292,667.58 |
|
100.00 |
% |
100.00 |
% |
Fixed Rate Term Remaining as at Month Ending 30 Jun 2007
|
|
|
Number of |
|
Balance of |
|
Number of |
|
Balance of |
|
|
Remaining Fixed Rate Term |
|
Loans |
|
Loans (AUD) |
|
Loans (%) |
|
Loans (%) |
|
|
Term < 1 year |
|
777 |
|
142,733,377.44 |
|
63.85 |
% |
66.52 |
% |
|
1 years < Term < 2 years |
|
274 |
|
43,574,389.59 |
|
22.51 |
% |
20.31 |
% |
|
2 years < Term < 3 years |
|
129 |
|
22,387,236.36 |
|
10.60 |
% |
10.43 |
% |
|
3 years < Term < 4 years |
|
18 |
|
2,468,263.02 |
|
1.48 |
% |
1.15 |
% |
|
4 years < Term < 5 years |
|
4 |
|
613,794.98 |
|
0.33 |
% |
0.29 |
% |
|
Term > 5 years |
|
15 |
|
2,804,180.72 |
|
1.23 |
% |
1.31 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
1,217 |
|
214,581,242.11 |
|
100.00 |
% |
100.00 |
% |
Contact Details
|
Trust Manager |
National Global MBS Manager Pty Ltd |
|
|
|
|
Contacts |
Eva Zileli |
|
|
Manager Securitisation & Funding |
|
|
National
Australia Bank (Melbourne, Australia) |
5
SIGNATURE PAGE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.
|
NATIONAL AUSTRALIA BANK LIMITED |
||
|
|
|
|
|
|
Signature: |
/s/ Brendan T Case |
|
Date: 20 July 2007 |
Name: Brendan T Case |
|
|
|
Title: Company Secretary |
|
6