On 22 July, RedZed Lending Solutions (RedZed) launched its residential mortgage-backed securities (RMBS) deal, RedZed Trust Series 2019-1. The forthcoming transaction has capped total volume of A$400 million (US$281.7 million) and is expected to price on or before 25 July. National Australia Bank is the arranger for the transaction as well as joint lead manager alongside Commonwealth Bank of Australia.