AMP Bank (A/A2) launched its three-year domestic floating-rate note (FRN) transaction on 4 September. The forthcoming deal, for a minimum A$200 million (US$144.2 million), is being marketed at 110 basis points area over three-month bank bills and is expected to price on the day of launch. ANZ, Citi, Commonwealth Bank of Australia and National Australia Bank are joint lead managers.