ANZ pays floating rate for latest funds [UPDATED]

20 January 2016

 

  Last week Commonwealth Bank issued $2 billion worth of 5 year floating rate bonds at 3 month BBSW + 115bps. This week it was ANZ’s turn, but for a slightly more modest $1.4 billion worth of 3 year FRNs at 3 month BBSW + 88bps. In mid-November ANZ raised $600 million in a 10 year floating rate bond issue . Those bonds notes were priced at 3 month BBSW...

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