HSBC Sydney launches dual-tranche domestic benchmark
- Monday, 27 November 2017
HSBC Sydney Branch (HSBC Sydney) (AA-/Aa3) launched a new, Australian dollar-denominated benchmark deal on 27 November. The forthcoming three- and five-year floating-rate transaction has indicative price guidance in the area of 60 and 80 basis points respectively over three-month bank bills. The deal is expected to price the day after launch, according to leads ANZ, HSBC and National Australia Bank.
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