CIBC Sydney launches three-year covered bond
- Thursday, 02 April 2020
On 2 April, Canadian Imperial Bank of Commerce Sydney Branch (CIBC Sydney) (A+/Aa2/AA-) launched a new three-year, Australian dollar denominated, floating-rate note, covered bond transaction. Indicative price guidance for the forthcoming deal, which is expected to price on the day of launch, is 125 basis points area over three-month bank bills.
nonbank Yearbook 2023
KangaNews's eighth annual guide to the business and funding trends in Australia's nonbank financial-institution sector.