Pepper Group began taking indications of interest for its residential mortgage-backed securities (RMBS) deal, Pepper I-Prime 2021-1, on 10 March. Capped total volume for the transaction is A$750 million (US$576.3 million) and is expected to launched in the week beginning 15 March. Commonwealth Bank of Australia is arranger and lead manager alongside National Australia Bank, SMBC Nikko and Westpac Institutional Bank.