CommBank’s new dual-tranche domestic benchmark progresses to launch
- Tuesday, 18 July 2017
Commonwealth Bank of Australia (CommBank) (AA-/Aa3/AA-) launched a new, self-led, dual-tranche domestic benchmark on 18 July. Price guidance on the forthcoming five-year tranche is 86-89 basis points over three-month bank bills and semi-quarterly swap. Initial price guidance on the 10.5-year tranche is 105 basis points area over semi-quarterly swap.
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