NAB and CommBank share tier-two insights as the last of the big four issue new deals
- Tuesday, 11 November 2014
While Commonwealth Bank of Australia (CommBank) stayed at home to execute its debut tier-two transaction under the Basel III regime, a perceived acknowledgement that the Australian domestic market is unlikely to have the capacity to service the aggregate tier-two funding requirements of Australia's big-four banks drove National Australia Bank (NAB) to the more expensive euro market at almost the same time.
