AFG taking indications of interest for 2020-1NC RMBS deal

On 29 September, Australian Finance Group (AFG) began taking indications of interest for its residential mortgage-backed securities (RMBS) deal, 2020-1NC Trust. Indicative total volume for the transaction is A$350 million (US$247.8 million) and is expected to launch in the week beginning 5 October. National Australia Bank is arranger and joint lead manager alongside Commonwealth Bank of Australia.