On 8 October, Firstmac launched its prime residential mortgage-backed securities (RMBS) deal, Firstmac Series 3PP-2019. The forthcoming deal has indicative total volume of A$500 million (US$337.2 million) with the potential to upsize. Pricing is expected on or before 11 October, according to J.P. Morgan which is arranger, as well as joint lead manager alongside Westpac Institutional Bank.