On 21 April, Resimac began taking indications of interest for a nonconforming residential mortgage-backed securities (RMBS) deal, Bastille 2021-1. The transaction is capped at A$1 billion (US$771.6 million) and could launch and price in the near future. Commonwealth Bank of Australia and National Australia Bank are co-arrangers for the deal, and are joined by Citi and Macquarie Bank as lead managers.