On 25 November, ING Bank Australia (ING Australia) launched its residential mortgage-backed securities (RMBS) deal, IDOL 2019-1 Trust. The transaction has a total volume of A$750 million (US$509.2 million), with the potential to upsize. Pricing is expected on or before 29 November, according to joint lead managers ANZ, ING, Macquarie Bank, Standard Chartered Bank and Westpac Institutional Bank.
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