On 3 December, ME Bank began taking indications of interest for its capital-relief residential mortgage-backed securities (RMBS) deal, SMHL Securitisation Trust 2020-1. Total indicative volume for the deal is A$500 million (US$370.6 million) and is expected to launch in the week beginning 7 December. ANZ is arranger and joint lead manager alongside Commonwealth Bank of Australia, MUFG Securities and National Australia Bank.