One of the largest users of the government guarantee on bank funding among Australia's regional banks – Bank of Queensland (BOQ) (BBB+/A2/BBB+) – has launched a "benchmark sized" guaranteed transaction in the final month of the scheme's availability. The RBS Group Australia, UBS Investment Bank and Westpac Institutional Bank-led deal will be the second five-year guaranteed benchmark of 2010 and is expected to price in the near future.
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