On 15 October, Resimac launched its new residential mortgage-backed securities (RMBS) deal, Bastille Trust Series 2019-1NC. The deal has a capped total volume of A$1 billion (US$677.2 million) equivalent, and is expected to price on or before 18 October. Commonwealth Bank of Australia and National Australia Bank (NAB) are arrangers for the Australian dollar tranches and joint lead managers alongside Citi and Deutsche Bank, while the US dollar tranche is arranged and lead by Citi and NAB.