SPI (Australia) Assets (SPIAA) (A-/A3) launched and priced its second transaction in the Australian dollar bond market on February 10. The deal was doubled in size from its launch volume of A$200 million (US$213.9 million) while the margin remained at its indicative level of 185 basis points over swap – the same as that achieved by National Australia Bank (AA-/Aa2/AA) in its recent domestic five-year senior issue.

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