Suncorp-Metway (Suncorp) priced A$600 million new five-year benchmark covered bond transaction on November 1 2012. This is the second covered bond issue from Suncorp, following its A$1.6 billion (US$1.66 billion) dual-tranche issue priced in May 2012, which included A$1.1 billion notes maturing in December 2016 and A$500 million notes maturing in December 2014.

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