Macquarie Bank brings A$1.1bn five-year guaranteed bonds

On February 20 Macquarie Bank (Macquarie) (A-/A2) priced A$1.1 billion (US$702 million) of February 2014 bonds guaranteed by the Australian government. This is the first public domestic deal from the bank in this format, after a privately-placed A$500 million October 2013 trade issued in December last year.