Banco del Estado de Chile makes Aussie return
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,” ...