Mortgage aggregator AFG has completed its second issue of residential mortgage-backed securities for the year, with pricing on the latest deal being lower than on its inaugural issue in March.AFG raised A$300 million of funding. Fourteen local and overseas investors participated in the issue, the AFG 2013-2 Trust.AFG will pay 115 basis points over the bank bill swap rate on the $271.5 million A tranche, which has a weighted average life of 2.9 years.In March, AFG paid 120 bps over the swap rate on the A tranche of its inaugural RMBS.Pricing on the $18.2 million AB tranche, which has a weighted average life of 4.1 years, was 201 bps over swap.Pricing on the $9.5 million B tranche, which has a weighted average life of 4.1 years, was 315 bps over swap. Pricing on the $750,000 C tranche was not disclosed.