On April 5, Suncorp Metway (Suncorp) (A+/A1/A+) priced a new three-year issue in the domestic market. Suncorp priced its most recent previous issue on November 1 2012, selling a five-year fixed coupon covered bond transaction with volume of A$600 million (US$627.14 million) and pricing of 90 basis points over semi-quarterly coupon matched asset swap.

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