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Macquarie Bank launches domestic 10NC5 tier-two transaction

Thursday, 21 May 2020

On 21 May, Macquarie Bank (A+/A2/A) launched a new 10-year non-call five-year (10NC5), Australian dollar denominated, tier-two, benchmark, floating-rate note transaction. Indicative price guidance for the forthcoming deal, expected to price on the day of launch, is 315 basis points area over three-month bank bills.

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