Barclays' unguaranteed three-year nets A$1.5 billion [UPDATED]
- Wednesday, 05 August 2009
The August 2012 bond launched by Barclays Bank Australia Branch (Barclays) (AA-/Aa3) on August 4 has priced a total of A$1.5 billion (US$1.26 billion) of fixed and floating rate paper at 165 basis points over swap. The transaction marks the issuer's debut in the Australian market, either through its local branch or via a Kangaroo from the parent firm.
