Deal and ratings review, week ending 21 September 2018

The third week of September saw limited deal flow but significant volume, with Australian Office of Financial Management pricing a A$3.75 billion (US$2.7 billion) inflation-linked bond by syndication, due February 2050, and National Australia Bank printing a five-year dual-tranche A$2 billion deal. Meanwhile, Commonwealth Bank of Australia priced its residential mortgage-backed securities deal, Medallion Trust Series 2018-1.