Commonwealth Bank of Australia (CommBank) priced a new, self-led subordinated notes offer in the domestic market on May 31 following a launch announcement the same day.  According to KangaNews data, CommBank priced its most recent previous domestic subordinated issue in October 2014. The A$1 billion (US$716.2 million) tier-two notes were issued at 195 basis points over bank bills and, according to Yieldbroker ratesheets, were indicated at 188 basis points over bank bills at the close on May 27.