Strong demand for Investec's sovereign-guaranteed bonds
- Tuesday, 03 February 2009
On February 2 Investec Bank (Australia) Limited (Investec) (Baa1/BBB) priced A$400 million of three-year fixed and floating rate notes (FRNs) guaranteed by the Australian sovereign. This is the first time the issuer has been present in the Australian bond market since it priced three- and five-year vanilla bonds in June 2007.
