On 20 May, Liberty Financial (Liberty) launched its residential mortgage-backed securities (RMBS) deal, Liberty Series 2019-2. Indicative total volume of the forthcoming transaction is A$500 million (US$346.3 million), with the potential to upsize. Pricing is expected on or before 24 May. Westpac Institutional Bank is the arranger for the transaction and joint lead manager alongside Bank of America Merrill Lynch, Commonwealth Bank of Australia, Deutsche Bank and National Australia Bank.