On 18 July, RedZed Lending Solutions (RedZed) began taking indications of interest for its residential mortgage-backed securities (RMBS) deal, RedZed Trust Series 2019-1. The forthcoming transaction has indicative total volume of A$400 million (US$281.3 million) and is expected to launch the week beginning 22 July. National Australia Bank is the arranger for the transaction as well as joint lead manager alongside Commonwealth Bank of Australia.