On 6 November, Moody’s Investor Service (Moody’s) assigned preliminary ratings to Liberty Series 2017-4 Trust, a prime and nonconforming residential mortgage-backed securities (RMBS) transaction to be issued by Liberty Financial (Liberty). The deal has indicative volume of A$688.1 million (US$526.6 million) and will also be Liberty’s second issue of euro-denominated RMBS in 2017.