Banking and wealth management group MyState has completed an issue of residential mortgage-backed securities, raising A$400 million of funding.Securities issued under ConQuest Series 2019-2 Trust RMBS will be backed by prime residential mortgages originated by MyState Bank. It is the eighth public RMBS transaction under the ConQuest program.The issue was made up of eight tranches. MyState only disclosed pricing of the most senior tranche, which was priced at 105 basis points over the one-month bank bill swap rate.MyState said local and overseas investors participated in the transaction.