On 16 February, Suncorp-Metway (A+/A1/A+) launched a new, benchmark, five-year, senior-unsecured domestic deal. The forthcoming transaction will come in either or both fixed- and floating-rate formats and is being marketed at 50 basis points area over swap benchmarks. Pricing is expected on the day of launch. ANZ, Commonwealth Bank of Australia, National Australia Bank, UBS and Westpac Institutional Bank are leading.