The Australian Office of Financial Management announced the beneficiaries of its next three RMBS mandates on Friday: Members Equity Bank; FirstMac Limited; and Resimac Limited. This is the second AOFM mandate for all three, who participated in the first round last year. Challenger Mortgage Management has also received two mandates, suggesting that the pool of AOFM beneficiaries is going to be quite small and perhaps limited to just the nine already seen.Meanwhile the AOFM continued its Commonwealth government bond issuance last week with $700 million of March 2019 bonds being sold at an average yield of 4.64 per cent. The offer was 3.2 times oversubscribed. On Friday it sold $701 million of June 2011 bonds at an average yield of 3.32 per cent, oversubscribed 4.9 times.