On February 4, Rabobank Nederland Australia Branch (Rabobank Australia) (A+/Aa2/AA-) priced a new five-year Australian dollar benchmark deal. According to KangaNews data, the issuer last issued in the domestic market in November last year when it priced a A$500 million (US$382.7 million) tap to its September 2018 floating-rate note (FRN) line. This deal had pricing of 80 basis points over bank bills.
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KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
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