OCBC Sydney launches three-year domestic benchmark FRN deal
- Wednesday, 15 May 2019
On 15 May, Oversea-Chinese Banking Corporation Sydney Branch (OCBC Sydney) (AA-/Aa1/AA-) launched a new, three-year, senior-unsecured domestic benchmark floating-rate note (FRN) deal. The forthcoming transaction has indicative price guidance of 64 basis points area over three-month bank bills and is expected to price on the day of launch.
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