HSBC Australia completes new 2014 domestic benchmark [UPDATED]
- Monday, 11 April 2011
On April 11, HSBC Bank Australia (HSBC Australia) (AA/Aa3) launched and priced a new three-year domestic deal with volume capped at its launch size of A$500 million (US$528.2 million). The floating rate notes transaction tightened its margin by a single basis point between launch and pricing, closing at 84 basis points over bank bill swap rate.
