BoC Sydney prints A$500 million in its domestic market return [UPDATED]
- Friday, 27 May 2016
Bank of China Sydney Branch (BoC Sydney) (A/A1/A) priced a new, A$500 million (US$360.9 million) three-year, senior-unsecured transaction on May 27. According to KangaNews data, BoC Sydney was most recently in the Australian domestic market in March 2015 when it priced A$1.4 billion of three-year notes. That transaction priced at 125 basis points over semi-quarterly swap and 125 basis points over bank bill swap rate respectively.
