St. George's Bank and Macquerie Bank of Australia are in the market with RMBS deals, each for a total equivalent of $1billion. St. George's Crusade 2001, led by Credit Suisse First Boston and Maquerie's Puma 2001, led by Deutsche Bank, will launch this month. Additionally, the U.K.-based Northern Rock is also said to be coming to market this month with Granite 2001, a $1.5 billion RMBS transaction via Salomon Smith Barney.

Brazil's Banco Itau, Banco do Brasil, Unibanco, and Banco Bardesco are rumored to have request-for-proposals (RFPs) out for MT 100 deals. Banco do Brasil closed a $250 million Japanese worker remittance transaction earlier this summer led by Merrill Lynch (See ASR 7/23/01).

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