On 10 February, Credit Union Australia (CUA) (BBB/Baa1) launched a minimum A$200 million (US$133.5 million), three-year, senior-unsecured, floating-rate note (FRN) transaction. Indicative price guidance for the forthcoming deal, which is expected to price on the day of launch, is 93 basis points area over three-month bank bills. ANZ, Commonwealth Bank of Australia and National Australia Bank are leading.