National Australia Bank (NAB) is planning to sell U.S. and Australian dollar-denominated bonds, Bloomberg reports. The Melbourne-based bank has been marketing $771 million of notes in the first public offering of Australian Residential Mortgage Backed Security since mid-July. The lender intends to issue about $202.8 million of U.S. dollar-denominated bonds. It will offer $570 million of securities in the Australian currency backed by residential mortgages.

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