Amount: £300m (increased from £200m)
Maturity: November 24, 2006
Issue price: 100.10
Coupon: three month Libor flat
Launched: Wednesday November 12
Sole mgr: Barclays Capital
Demand from banks and money market funds for short dated sterling floating rate notes has been robust recently.
Danske is a rare name in the sterling senior market and we were confident that there would be a strong appetite for the name.
We went out on Wednesday with a £200m deal and the strength of the demand allowed us to increase the deal by a further £100m on Thursday.