CommBank plans multi-tranche three- and five-year domestic deal

On 9 August, Commonwealth Bank of Australia (CommBank) (AA-/Aa3/AA-) revealed plans for a multi-tranche, three- and five-year domestic transaction. Initial price guidance for the three-year tranche is 75 basis points area over swap benchmarks, while the five-year tranche is being marketed at 95 basis points area over swap benchmarks.