On 30 April, Suncorp-Metway (Suncorp) (A+/A1/A+) launched a benchmark, April 2022, senior-unsecured, domestic floating-rate note (FRN) transaction. The forthcoming deal is expected to price on the day of launch and has indicative price guidance in the area of 74 basis points over three-month bank bills. ANZ, Commonwealth Bank of Australia, National Australia Bank and Westpac Institutional Bank are the joint bookrunners.