Domestic bank deals tighten further as BOS prices Aus sovereign-guaranteed deal
- Thursday, 27 August 2009
On August 27 Bank of Scotland Australia Branch (BoS Australia) (A+/Aa3/AA-) priced a A$1 billion 15-month transaction supported by the Australian commonwealth government guarantee, selling A$250 million of fixed and A$750 million of floating notes at 20 basis points over swap and the bank bill swap rate (BBSW).
