On 14 October, Pepper Group began taking indications of interest for its residential mortgage-backed securities (RMBS) deal, Pepper I-Prime 2020-1. Total indicative volume for the transaction is A$750 million, with the capacity to be upsized, and is expected to launch in the week beginning 19 October. National Australia Bank is arranger and joint lead manager alongside Commonwealth Bank of Australia, Standard Chartered and Westpac Institutional Bank.