Rabo breaks the ice in Oz with A$800m FRN

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Rabo breaks the ice in Oz with A$800m FRN

Rabobank’s Australian branch managed to snatch a window of improved sentiment and reverse enquiries to price a sizeable A$800m ($858.8m) new five year FRN on Wednesday. The deal came after a quiet week in the Australian dollar market due to fears over eurozone and US debt.

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