CBA starts taking IOIs for Medallion 2023-2 RMBS

Thursday, 19 October 2023

Disclosure type: IOI
Issue name: Medallion Trust Series 2023-2
Sponsor: Commonwealth Bank of Australia
Announcement date: 19 October 2023
Expected launch and pricing date: week beginning 23 October 2023
Expected settlement date: 10 November 2023
Arranger and lead manager: Commonwealth Bank of Australia
Transaction type: residential mortgage-backed securities
Collateral type: prime residential mortgages
Indicative volume: A$1 billion (US$639.4 million), with the potential to upsize

Medallion Trust Series 2023-2 indicative price guidance and structure

Tranche	Indicative volume (A$m)	Expected ratings	WAL (years)	Initial credit enhancement (per cent)	Indicative price guidance (bp/1m BBSW)
A1	920	AAA/AAA	3.4	8	105
A2	80	NR	9.9	N/A	ND

Source: Commonwealth Bank of Australia 19 October 2023