The Australian market for international banks continues to burn white hot with the August 31 pricing of a new five-year transaction from Credit Suisse Sydney Branch (Credit Suisse Sydney) (A+/Aa1/AA-). The deal is the issuer's second-ever Australian bond, following the pricing in March this year of A$1.1 billion (US$992 million) of four-year paper, at 120 basis points over swap.
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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.
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