Banco del Estado de Chile makes Aussie return

Santiago, Chile, Andes, Snow, mountains, LatAm
By Frank Jackman
27 Jun 2019

A pair of emerging market banks placed MTNs this week. In Australian dollars, Banco del Estado de Chile printed a 10 year note on Tuesday, while on Monday, Qatar National bank placed short end dollar paper.

Banco del Estado de Chile returned to print its third Aussie dollar trade, selling a A$285m ($198.8m) 2.62% June 2029 bond. Goldman Sachs ran the deal. The issue price was undisclosed.

Bankers off the trade were impressed with the size.

“This is a pretty rare trade,” ...

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