Tuesday 01 October 2019 by FIIG Securities New issues list

New Issues - 16 September to 27 September

New issues for the week ending Friday 20 September 2019, including: Agricultural Bank of China, BNG Bank, Pacific National and Banco Santander

Week ending Friday 20 September 2019 

Agricultural Bank of China (Sydney Branch) ABoC
Prints  A$600 million
Volume: A$600m
Coupon type: floating rate
Coupon rate: 3m BBSW +87bp
Margin to swap: 87/3m BBSW
Maturity date: 26 Sept 22

BNG Bank (BNG) 
BNG Bank adds A$20 million to its July 2028 Kangaroo 
Volume: A$20m
Coupon type: fixed
Coupon rate: 3.3%
Margin to swap: 51bps/s-q
Maturity date: 17 July 2028

Pacific National  (PN) 
Prints A$450 million  
Volume: A$450m
Coupon type: fixed
Coupon rate: 3.7%
Margin to swap: 250/s-q
Maturity date: 24 Sept 2029

Banco Santander 
Prints A$250 million  
Volume: A$250m
Coupon type: floating
Coupon rate: 3m BBSW +125bp
Margin to swap: 125/3m BBSW
Maturity date: 26 Sept 2024

New issues for the week ending Friday 27 September 2019, including: HSBC, John Deere Financial, Downer Group and Western Australia Treasury Corporation 

Week ending Friday 27 September 2019 

HSBC (Sydney Branch)
Prints  A$150 million 
Volume: A$150m
Coupon type: floating rate
Coupon rate: 3m BBSW +63bp 
Margin to swap: 63/3m BBSW
Maturity date: 27 Sept 22

HSBC (Sydney Branch)
Prints  A$250 million 
Volume: A$250m
Coupon type: floating rate
Coupon rate: 3m BBSW +83bp 
Margin to swap: 83/3m BBSW 
Maturity date: 27 Sept 24

HSBC (Sydney Branch)
Prints  A$100 million 
Volume: A$100m
Coupon type: fixed
Coupon rate: 1.5% 
Margin to swap: 83/s-q
Maturity date: 27 Sept 24

John Deere Financial
Prints  A$500 million 
Volume: A$500m
Coupon type: fixed
Coupon rate: 1.75% 
Margin to swap: 95/s-q
Maturity date: 4 Oct 24

Province of Ontario
Prints  A$170 million 
Volume: A$170m
Coupon type: fixed
Coupon rate: 2% 
Margin to swap: 73.5/s-q
Maturity date: 3 Oct 34

Downer Group
Prints  A$200 million 
Volume: A$200m
Coupon type: fixed
Coupon rate: 3.7% 
Margin to swap: 170/s-q
Maturity date: 29 Apr 26

Western Australia Treasury Corporation
Prints  A$370 million 
Volume: A$370m
Coupon type: fixed
Coupon rate: 2% 
Margin to swap: 94/EFP
Maturity date: 24 Oct 34

Source: KangaNews

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