CBA takes Sonia funding in senior

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Senior Debt

CBA takes Sonia funding in senior

Jasper Cox
December 05, 2018 12:30 PM
CBA_PA_230x150
A file image of Commonwealth Bank of Australia (CBA) signage in Sydney, Saturday, May 5, 2018. CBA has agreed to pay $700 million to resolve proceedings brought by AUSTRAC after admitting to breaching anti-money laundering and counter-terrorism laws. (AAP Image/Joel Carrett) | JOEL CARRETT/AAP/PA Images

Commonwealth Bank of Australia has linked a short-dated unsecured bond to Sonia, the latest use of the alternative risk-free rate as borrowers become more comfortable with the format.

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Senior DebtSecuritizationABSFIGCommonwealth Bank of Australia
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Jasper Cox
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