To complete the issuance picture for what may turn out to be the last week of any significant issuance activity for the year, Macquarie Bank sold A$270 million of Class A asset back securities issued by SMART Series 2008-3 Trust.The class A securities were divided into two tranches: Class A-1, A$45 million, with a 0.35 year weighted average life priced at 85 bps over bank bills; and Class A-2, A$225 million, with a 2.06 year weighted average life priced at 250 bps over bank bills. There were a further six tranches totalling A$40 million, on which pricing was not disclosed.Resimac also completed its RESIMAC Premier Series 2008-1 RMBS issue backed by AOFM. The issue comprised four Class A tranches: Class A1, A$47 million, priced at bank bills plus 65 bps with a 0.15 year weighted average life; Class A2, A$325 million, priced at bank bills plus 120 bps with a 1.47 year weighted average life; Class A3, A$205 million, priced at bank bills plus 140 bps with a 4.45 year weighted average life; and Class AB, A$15 million, priced at bank bills plus 170 bps also with a 4.45 year weighted average life. Pricing on the A$17 million Class B tranche was not disclosed.