There was plenty of activity Down Under in the past week, with CNH Australia completing its agricultural equipment ABS, Macquarie Securitisation launching the latest RMBS from its Puma Masterfund program, and diversified property trust Cromwell marketing its debut commercial mortgage-backed deal.

CNH issued its fourth transaction from the CNH Capital Australia vehicle, an A$420 million ($303.3 million) offering backed by 5,253 contracts with a weighted LTV of 70.9% and seasoning of 10.8 months.

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