CommBank starts marketing AONIA-linked RMBS deal

On 7 November, Commonwealth Bank of Australia (CommBank) began taking indications of interest for an inaugural Australian Overnight Index Average (AONIA)-linked, residential mortgage-backed securities (RMBS) transaction, Medallion 2019-1. The self-led deal has indicative total volume of A$1 billion (US$686.7 million) is expected to launch and price in November.