Equipment finance company Capital Finance Australia has completed its third auto loan securitisation for the year, with the pricing of an A$568.3 million issue - Bella Trust No.2 Series 2011-3.Capital Finance, which is a division of Lloyds International, will pay 65 basis points over the one-month bank bill swap rate for the $85 million A1 tranche, which has a weighted average life of 0.32 years.While issuers of residential mortgage-backed securities have seen their spreads increase by around 30 basis points since the middle of the year, Capital Finance's costs have not risen as sharply.In May, the A1 tranche of Bella 2011-1, which had a weighted average life of 0.34 years, was priced at 55 basis points over swap (Bella 2011-2 was a private deal and pricing has not been disclosed).The £100 million A2a tranche of Bella 2011-3, which has a weighted average life of 1.96 years was, was priced at 125 basis points over swap.Back in May, pricing on a similar tranche, the £120 million A2a tranche of Bella 2011-2, with a weighted average life of 1.95 years, was 110 points over swap.The $222 million A2b tranche of Bella 2011-3, with a weighted average life of 1.96 years, was priced at 165 basis points over swap.In May, the $176 million A2b tranche of Bella 2011-2, with a weighted average life of 1.95 years, was priced at 135 basis points over swap.The B, C, D and E notes of the latest issue were not offered for sale.