Defence Bank starts marketing Salute 2021-1 RMBS

On 22 March, Defence Bank began taking indications of interest for its residential mortgage-backed securities (RMBS) deal, Salute Series 2021-1. Indicative total volume for the transaction is A$300 million (US$231.7 million) and is expected to launch in the week beginning 29 March. ANZ is arranger and lead manager.