ABN feeds hunger for yield with seven year Aussie
ABN Amro sold seven year Australian dollar bonds on Tuesday, appealing to investors on the hunt for yield by moving further down the curve. Meanwhile, ANZ sold Canadian dollar debt.
ANZ and UBS priced ABN’s A$100m ($91.1m) seven year bonds at 144bp over mid-swaps, in line with the 144bp area guidance.
Seven years is a long maturity for an Australian dollar deal in EMTN format, with five years being more common. Issuers have commonly sold six year
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.