On 30 May, Bendigo and Adelaide Bank (BEN) began taking indications of interest for its new residential mortgage-backed securities (RMBS) deal, Torrens Series 2019-1. The forthcoming transaction is expected to launch in the week commencing 3 June and has indicative total volume of A$500 million (US$346 million). National Australia Bank is arranger for the transaction and joint lead manager alongside ANZ, Deutsche Bank, Macquarie Bank and Westpac Institutional Bank.