Resimac has raised A$750 million through an issue of residential mortgage-backed securities backed by non-conforming loans.Resimac Bastille Series 2016-1NC is the largest non-conforming RMBS issue since the financial crisis.The $150 million of A-1a notes, which have a weighted average life of 0.47 years, were priced at a margin of 70 basis points over the one-month bank bill swap rate.The $375 million of A-1b notes, which have a WAL of 2.2 years, were priced at 165 bps over the swap rate.The $90 million of A2 notes, which have a WAL of 2.2 years, were priced at 225 bps over the swap rate.The $78.7 million of B notes, which have a WAL of 2.9 years, were priced at 300 bps over the swap rate.The C, D, E and F notes were priced at margins ranging from 375 bps to 775 bps. Pricing on the G notes was not disclosed.