australia and new zealand banking group benefited from scarcity value for last Friday's upsized A$1.5bn (US$1.04bn) Kingfisher Trust 2019-1 capital funding prime RMBS, only its second mortgage-backed offering since 2004. Non-bank lenders have dominated Australian RMBS this year, so the few banks that have come to market have found a strong response from investors - at least for their senior notes.
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