Macquarie Bank has securitised more than A$240 million of mortgages originated by its relationship banking division. The mortgages are fully verified and predominately made to high net worth individuals and professional people, but are not covered by lenders' mortgage insurance.As a result, the securitisation comprises just two tranches: a A$215 million Class A tranche, rated 'Aaa' by Moody's Investor Service, with credit support provided by an unrated Class B tranche amounting to 13.24 per cent of the underlying mortgage pool. The mortgage pool comprises fully amortising 30-year mortgages, five- and ten-year interest only loans and line of credit facilities repayable on 12 months notice. Final legal maturity is January 2087.