The August 2012 bond launched by Barclays Bank Australia Branch (Barclays) (AA-/Aa3) on August 4 has priced a total of A$1.5 billion (US$1.26 billion) of fixed and floating rate paper at 165 basis points over swap. The transaction marks the issuer's debut in the Australian market, either through its local branch or via a Kangaroo from the parent firm.

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