On 23 August, Columbus Capital began taking indications of interest for its nonresident residential mortgage-backed securities (RMBS) deal, Vermilion Trust No. 1 Bond Series 2019-1 (Vermilion 2019-1). Indicative total volume for the transaction is A$250 million (US$168.9 million) and is expected to launch in the week beginning 26 August. Credit Suisse, MUFG Securities, Natixis, Standard Chartered and Westpac Institutional Bank were mandated on 16 August.