Rabobank increases unguaranteed bond on back of strong investor demand
- Thursday, 05 February 2009
A day after its A$600 million fixed and floating rate bond issue Rabobank Nederland (AAA/Aaa) (Rabobank) increased both the fixed and floating rate note (FRN) tranches by A$100 million each, to bring the total size of the fixed tranche to A$300 million and the FRNs to A$500 million. The increases priced at the same level as the inaugural bonds - 130 basis points over swap (fixed) and the bank bill swap rate (FRNs).
