Bank of Queensland

Sunday, 21 January 2018

BOQ launches five-year senior domestic benchmark

On 22 January, Bank of Queensland (BOQ) (BBB+/A3/A-) launched a five-year, senior-unsecured domestic benchmark bond, to be issued in either or both of fixed- and floating-rate formats. The forthcoming transaction is being marketed at 105-108 basis points area over swap benchmarks.

Monday, 04 December 2017

KangaNews Awards 2017: winners announced

KangaNews is proud to present the winners of the institutional and deal categories in the KangaNews Awards 2017. After an extensive voting and verification process, KangaNews can confidently say its results reflect a true market view on the outstanding performers of 2017 in the Australian and New Zealand debt markets.

Wednesday, 29 November 2017

AOFM lines up next RMBS divestment auction

The Australian Office of Financial Management (AOFM) disclosed on 29 November that its next auction of residential mortgage-backed securities (RMBS) holdings will take place on 14 December. The auction will be for five lines of RMBS notes and a Westpac Institutional Bank (Westpac) research note says the cash value of the paper on offer is A$444.1 million (US$336.9 million).

Thursday, 23 November 2017

BOQ prepares new AT1 deal

On 23 November, Bank of Queensland (BOQ) launched a new, indicative A$300 million (US$228.2 million) additional tier one (AT1) notes offer. Price guidance is 375-395 basis points over three-month bank bills, with a final margin to be set on or around 29 November following a bookbuild. The offer will open on 30 November and the settlement date is expected to be 28 December.

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