On 19 June, Barclays (BBB/Baa3/A) launched a new five- and 10-year Australian dollar denominated transaction. The five-year tranche will come in either or both fixed- and floating-rate formats with indicative price guidance of 220-225 basis points area over swap benchmarks, while the 10-year fixed-rate tranche is being marketed at 250-260 basis points area over semi-quarterly swap.