Macquarie Leasing revealed on 12 July that it has started to take indications of interest on the A$500 million (US$382.6 million) no-grow class A notes of SMART ABS Series 2017-2 Trust. Initial price thoughts are in the high 90 basis points area over one-month bank bills for the 1.99-year weighted-average life tranche, which has expected ratings of Aaa/AAA from Moody’s/Fitch.