Columbus Capital will pay 95 basis points over the one-month bank bill swap rate on the top tranche of its latest issue of residential mortgage-backed securities, Triton Trust No.2 Bond Series 2014-1. When Columbus last issued RMBS, in March last year, it paid 120 bps over the swap rate on the top tranche.Columbus has raised A$500 million of funding through the latest issue, which is supported by mortgages purchased from ANZ, which sold its Origin wholesale mortgage origination business in 2012.Pricing on the $460 million of A notes, which have a weighted average life of 2.7 years, was 95 bps over swap.The $30 million of AB notes, which have a weighted average life of 4.6 years, were priced at 150 bps over swap. The $10 million of B notes, which have a weighted average life of 4.6 years, were priced at 295 bps over swap.Columbus executive director Andrew Chepul said nine new investors participated in the transaction.