On 23 November, Bank of Queensland (BOQ) launched a new, indicative A$300 million (US$228.2 million) additional tier one (AT1) notes offer. Price guidance is 375-395 basis points over three-month bank bills, with a final margin to be set on or around 29 November following a bookbuild. The offer will open on 30 November and the settlement date is expected to be 28 December.