Only one new issue in the domestic market for the period 7 to 13 October. Commonwealth Bank of Australian priced a new three year floating rate note transaction
Commonwealth Bank of Australia (CBA)
On 8 October, CBA priced a new three year floating rate note transaction at 78 bps over the 3 month Bank Bill Swap Rate (BBSW). This is CBA’s second public deal in the Australian market this year.
Coupon rate: 3m BBSW +78bp
Issue/re-offer price: par
Maturity date: 19 October 2018
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Source: KangaNews, FIIG Securities