Pricing details on two BNG November 2030 Kangaroo taps
- Thursday, 04 February 2021
Issuer: BNG Bank
Issuer rating: AAA/Aaa/AAA
Issue rating: as issuer
Pricing date: 3 February 2021
Maturity date: 27 November 2030
Volume: A$15 million (US$11.4 million)
Total outstanding in the line: A$315 million
Coupon type: fixed
Coupon rate: 1.6%
Issue/re-offer price: 101.342%
Issue yield: 1.4525%
Margin to swap: 32bp/s-q
Margin to ACGB: 38.75bp/May 2030
Settlement date: 9 February 2021
Lead manager: Mizuho Securities
Volume: A$30 million
Total outstanding in the line: A$345 million
Coupon type: fixed
Coupon rate: 1.6%
Issue/re-offer price: 101.319%
Issue yield: 1.455%
Margin to swap: 32bp/s-q
Margin to ACGB: 39.8bp/May 2030
Settlement date: 10 February 2021
Lead manager: TD Securities
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