AFG launches RMBS deal

On 21 October, Australian Finance Group (AFG) launched its residential mortgage-backed securities (RMBS) deal, AFG 2019-2 Trust. The deal has total indicative volume of A$350 million (US$239.8 million), with the potential to upsize to A$500 million, and is expected to price on 25 October. ANZ is arranger and joint lead manager alongside National Australia Bank and United Overseas Bank.