QT Mutual launches a two-year FRN

Tuesday, 25 July 2017

QT Mutual Bank (QT Mutual) (BBB+/Baa1) launched a new, A$25 million (US$19.8 million) minimum two-year floating-rate note (FRN) on 25 July. Price guidance is in the area of 120 basis points over three-month bank bills.