CommBank prints A$1.85 billion in a new domestic deal
- Tuesday, 18 July 2017
Issuer name: Commonwealth Bank of Australia
Issuer rating: AA-/Aa3/AA-
Issue rating: as issuer
Pricing date: 18 July 2017
Settlement date: 25 July 2017
Total volume: A$1.85 billion (US$1.46 billion)
Lead manager: Commonwealth Bank of Australia
Five-year FRN
Volume: A$1.625 billion
Total outstanding in this line: A$1.625 billion
Maturity date: 25 July 2022
Coupon rate: 3m BBSW +88bp
Issue/re-offer price: par
Margin to swap: 88bp/3m BBSW
Five-year fixed
Volume: A$125 million
Total outstanding in this line: A$125 million
Maturity date: 25 July 2022
Coupon rate: 3.25%
Issue/re-offer price: 99.787%
Issue yield: 3.2965%
Margin to swap: 88bp/s-q
10.5-year fixed
Volume: A$100 million
Total outstanding in this line: A$100 million
Maturity date: 25 January 2028
Coupon rate: 3.75%
Issue/re-offer price: 99.582%
Issue yield: 3.916%
Margin to swap: 105bp/s-q
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