NAB’s three-year domestic benchmark progresses to launch

Tuesday, 25 July 2017

The new, three-year senior-unsecured domestic benchmark for National Australia Bank (NAB) (AA-/Aa3/AA-) progressed to launch on 25 July. The self-led deal has initial price guidance in the area of 63 basis points over semi-quarterly swap or bank bills and is expected to price on the same day as launch.