BOC Sydney launches three-year senior-unsecured FRN

Tuesday, 20 October 2020

Bank of China Sydney Branch (BOC Sydney) (A/A1/A) launched a new three-year, Australian dollar denominated, senior-unsecured, floating-rate note (FRN), benchmark transaction on 20 October. The forthcoming deal is being marketed at 83 basis points area over three-month bank bills.