It was another busy week in Australia with Members Equity Bank, Resimac and Citigroup pricing or set to price residential mortgage-backed offerings.

With the appetite for Aussie paper showing no signs of abating among offshore and domestic investors, Member's Equity will upsize the latest global issue from its SMHL program to A$3 billion-equivalent ($2.25 billion) from A$2.2 billion. The deal is backed by a 100% pool of prime mortgages.

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