The stable funding note (SFN) priced by Rabobank Nederland Australia Branch (Rabobank Australia) (AA/Aaa/AA) on April 30 enabled the bank to capture demand from investors in shorter-tenor securities while still satisfying net stable funding ratio (NSFR) rules, issuer and lead say. The A$325 million (US$338.9 million) deal has a five-year maturity but also includes a put option allowing holders to cash out of their investment with 12 months' notice.