RedZed starts marketing 2021-1 RMBS deal

On 19 March, RedZed began taking indications of interest for its residential mortgage-backed securities (RMBS) deal, RedZed Trust Series 2021-1. Total capped volume for the transaction is A$550 million (US$425.8 million) and is expected to launch in the week beginning 22 March. National Australia Bank is arranger and joint lead manager alongside Commonwealth Bank of Australia.