On 12 November, La Trobe Financial launched its new residential mortgage-backed securities (RMBS) transaction, La Trobe Financial Capital Markets Trust 2018-2. The deal is capped at A$750 million (US$541.7 million). National Australia Bank is arranger for the transaction, and joint lead manager alongside HSBC, Macquarie Bank, Natixis, United Overseas Bank and Westpac Institutional Bank.