Barclays Bank Australia Branch (Barclays Australia) (AA-/Aa3) completed a new dual-tranche three-year benchmark domestic bond on February 17. The line - the issuer's third ever public deal in the Australian market - comprises A$500 million (US$500 million) fixed rate and A$1 billion floating rate paper which priced at 140 basis points over swap and the bank bill swap rate (BBSW), respectively.
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