On 27 February, Firstmac began taking indications of interest for its residential mortgage-backed securities (RMBS) transaction, Firstmac Mortgage Funding Trust No. 4 Series 1-2018 (Firstmac 1-2018). The transaction has four publicly offered tranches, including the US dollar denominated Class A1-U notes for indicative US$150 million. The total indicative volume for the four offered tranches is equivalent to A$474.2 million (US$372.1 million).