SMBC Sydney announces potential three-year Australian dollar deal
- Wednesday, 20 November 2019
On 20 November, Sumitomo Mitsui Banking Corporation Sydney Branch (SMBC Sydney) (A/A1/A) revealed plans for a potential three-year, Australian dollar denominated transaction, offered in either or both fixed- and floating-rate format. Initial price guidance for the deal, which is expected to launch in the near future, is 80 basis points area over swap benchmarks.
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