Yesterday Auswide Bank continued its series of roadshows, taking to the market with an initial mortgage securitisation, after flagging the move to investors more than a week ago. Indications of interest are now being taken across all tranches for what will be known as the ABA Trust 2017-1, an Australian-dollar denominated securitisation of residential mortgage backed notes.  Auswide's treasury team was on roadshows this week for a possible transaction in the near term.The bank's group treasurer Dale Hancock confirmed this was a A$300 million issue, secured by prime full doc residential mortgages originated by Auswide Bank."The funds will be used to refinance the two warehouses and provide additional liquidity to fund Auswide's growth in its residential mortgage lending program. The pool is set at $300 million and will not be up sized," said Hancock.ANZ's "Initial Price Thoughts" on where each of the available tranches are expected to sell are as follows: Class A notes, A$270 million: the AAA(sf)/AAAsf (S&P/Fitch) -  "in the BBSW +1 to 25 basis points area on the 3.3 year weighted-average-life (expected ratings)"; Class AB notes, A$16.95 million: AAA(sf) from S&P - 1month BBSW + [185-95] bps area on the 5.9 year weighted-average-life (expected ratings); Class B notes, A$7.50 million: 1month BBSW plus low to mid 200s on the 5.9 year weighted-average-life; expected ratings of AA(sf) from S&P; Class C notes, A$4.55 million:  ratings A(sf) from S&P, with 1 month-BBSW + low-to-mid 300s on the 5.9 year weighted-average-life notes; and Class D notes, unrated, A$1.0 million: indicative pricing of one-month-BBSW plus low 600s on these notes, with a 5.9 year weighted-average life.ANZ said the transaction was "expected to launch in the near future, subject to market conditions."Joint lead managers are ANZ and Westpac Institutional Bank.