Bank Australia starts taking IOIS for three-year FRN

Monday, 23 October 2023

Disclosure type: IOI
Issuer name: Bank Australia
Issuer rating: BBB/Baa1
Expected issue rating: as issuer
Announcement date: 23 October 2023
Expected launch and pricing date: near future
Lead managers: ANZ, Barrenjoey

Transaction type: senior-unsecured bond
Currency: AUD
Indicative volume: benchmark
Tenor: three years
Coupon type: FRN
Price guidance: 150bp/3m BBSW