Commonwealth Bank of Australia
-
European banks lead stronger than usual FIG market reopening in the US -
Smaller size and new regulations will limit the pool of suitable investors
-
The firm has poached a senior banker from Commonwealth Bank of Australia
-
Decent sizes available in Swiss francs for high quality offshore names
-
-
The deal follows health and gender-linked issuance in the currency from the supranational earlier in the year
-
Commonwealth Bank of Australia could have issued a larger deal but wanted to ensure a high quality order book
-
Bank of America has added to its Sydney desk with the hire of Simon Rutz from Commonwealth Bank of Australia
-
Société Générale priced a €750m eight year inside fair value, but deals from KHFC and Commonwealth Bank of Australia were less convincing
-
Commonwealth Bank of Australia has mandated leads for the longest Sonia-linked deal from an overseas bank
-
The Australian bank took a large chunk out of its tier two programme with a local currency deal.
-
Bank of China took its pivot away from Libor-linked bonds further this week by selling a dollar note tied to the secured overnight financing rate (Sofr) and a sterling-denominated deal that was the first Sonia-linked bond from a Chinese issuer. While BOC’s transaction was important, bankers say the new benchmarks are still slow to take off in Asia. Morgan Davis reports.
