Reverse inquiry drives A$600 million ABN guaranteed 2011
- Thursday, 01 October 2009
The recent pickup in deal flow continued on October 1 with ABN AMRO Bank Australian Branch (ABN) (A+/Aa2/AA-) pricing A$600 million (US$527.22 million) of 15-month floating rate notes covered by the Australian government guarantee. The January 2011 maturity transaction priced at a margin of 25 basis points over three-month bank bill swap rate (BBSW).
