On 29 August, Bank of Nova Scotia Australia Branch (BNS Australia) (A+/Aa2/AA-) revealed indicative price guidance for its potential three- and five-year domestic deal at 78 basis points area and 100 basis points area over swap benchmarks respectively. The transaction is expected to launch and price in the near future, according to lead managers ANZ, Nomura, Scotiabank and Westpac Institutional Bank.