On January 24, Suncorp-Metway (Suncorp) revealed plans to engage with investors in relation to its Apollo residential mortgage-backed securities (RMBS) programme. According to KangaNews data, Suncorp was most recently in the RMBS market in February 2015 when it printed A$1.25 billion (US$947.4 million) in Apollo Series 2015-1 Trust. The largest, A$1.15 billion class-A tranche, priced at 90 basis points over bank bill swap rate for a weighted-average life of 3.1 years.