Blow-out for HSBC in Australian dollars
Investors snapped up HSBC’s first Australian dollar deal of the year, placing more than A$1bn worth of orders in the space of two and a half hours for a capped A$500m three year FRN self-led by the bank on Monday. HSBC has strong name recognition in the market and enjoys rarity value as an infrequent issuer with small funding requirements.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts