AFG starts marketing 2021-1 RMBS transaction

On 29 April, Australian Finance Group (AFG) began taking indications of interest for its residential mortgage-backed securities (RMBS) deal, AFG 2021-1. Indicative total volume for the transaction is A$500 million (US$390.5 million), with the ability to upsize, and is expected to launch in the week beginning 3 May. National Australia Bank is arranger and lead manager alongside ANZ.