Investec Australia offers to retire December 2014 and March 2015 government-guaranteed bonds

On April 28, Investec Bank Australia (Investec Australia) announced an offer to buy back the outstanding balance of its December 2014 and March 2015 maturity government-guaranteed bond lines.  The indicative repurchase price for the borrower's fixed-rate December 2014 notes is 10 basis points below swap. Investec Australia is also offering to repurchase its March 2015 floating-rate paper at 10 basis points below three-month bank bill swap (BBSW) rate.