On 9 August, HSBC New Zealand (HSBC NZ) (AA-/Aa3) launched a new, three-year floating-rate note (FRN) and five-year fixed-rate domestic senior deal. Each tranche has a minimum volume of NZ$100 million (US$64.7 million). The three-year FRN is being marketed at 65-70 basis points over three-month bank bills, while the five-year tranche is being marketed at 85-90 basis points over mid swap.

Sign in to continue and access full content
We will email you a code for a password-free sign in.
Or you can sign in manually with password.
Can't sign in?
Become a registered user to receive these benefits:
  • One-stop information source on the Australasian debt markets
  • Keep up to date with the deals and trends making headlines
  • Keep up to date with league tables
  • Access to email updates on trending deals and news
Register
Global Reach. Local Expertise
KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
NEWS
START YOUR FREE TRIAL
© Copyright 2025 KangaNews Global Reach. Local Expertise About us Terms of Use Privacy Policy Contact