Royal Bank of Canada Sydney Branch (RBC Sydney) (AA-/Aa3) priced a new three-year dual-tranche senior-unsecured benchmark issue in the domestic market on July 30. According to KangaNews data, this is the second time the borrower has visited the market this year following pricing of a dual-tranche deal on January 30. That A$200 million (US$146.8 million) fixed- and A$1 billion floating-rate five-year deal, which was the issuer's second-ever domestic transaction, had pricing of 95 basis points over semi-quarterly swap and bank bills respectively.

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