NAB launches five-year domestic benchmark deal

Monday, 13 January 2020

On 13 January, National Australia Bank (NAB) (AA-/Aa3/AA-) launched a new self-led, five-year, Australian dollar denominated, senior-unsecured, benchmark transaction. Indicative price guidance for the forthcoming deal, which is expected to price on the day of launch, is 78 basis points area over semi-quarterly swap.