ING Australia prices and upsizes its first RMBS of 2016 [UPDATED]

ING Bank Australia (ING Australia) priced its first residential-backed mortgage securities (RMBS) transaction of 2016 on March 18. Expected ratings were assigned to IDOL 2016-1 Trust on March 14. The transaction was upsized from minimum aggregate volume of A$500 million (US$378.5 million).