AMP Bank reveals initial price guidance for potential three-year FRN

On 3 September, AMP Bank (A/A2) revealed initial price guidance of 110 basis points area over three-month bank bills for its potential three-year domestic floating-rate note (FRN) transaction. The deal is expected to launch and price in the coming week, according to lead managers ANZ, Citi, Commonwealth Bank of Australia and National Australia Bank.